Aaron became ill at work and was rushed to the hospital. After he submitted bills
under his employer's workers compensation policy, his claim was denied because his
injury was personal in nature. Assuming the denial was legitimate, what may have
caused Aaron's illness?
A. noxious chemicals in the workplace
B. a previously unknown liver condition
C. food poisoning from lunch he bought in the cafeteria
D. an allergic reaction to a snack he bought from a vending machine in the break
room
Give this one a try later!
B. a previously unknown liver condition
,All of the following are described in the cancellation provision in property and
casualty insurance policies EXCEPT:
A. why the policy may be canceled
B. who may cancel the policy
C. when the policy may be canceled
D. where the policy may be canceled
Give this one a try later!
D. where the policy may be canceled
What is the name given to the insured party in an ocean marine policy?
A. named insured
B. assured
C. secured party
D. nautical ensured
Give this one a try later!
B. assured
Which statement about Medicare supplement Plans K and L is correct?
A. Plans K and L represent a higher level of benefits.
B. Plans K and L premiums are much higher than those associated with other plans.
C. Plans K and L both pay 20 percent of Medicare coinsurance, co-pays, and
deductibles after the insured's annual out-of-pocket limit is reached.
D. Plans K and L can offer high-deductible options, which further decrease premium
payments.
,Give this one a try later!
D. Plans K and L can offer high-deductible options, which further decrease
premium payments.
A damaged auto is considered to be a constructive total loss if the estimated cost of
repairs is:
A. 35 percent or more of the vehicle's actual cash value
B. 50 to 60 percent or more of the vehicle's actual cash value
C. 75 to 80 percent or more of the vehicle's actual cash value
D. 100 percent or more of the vehicle's actual cash value
Give this one a try later!
C. 75 to 80 percent or more of the vehicle's actual cash value
In which of the following cases would the applicant be eligible for coverage through
an insurer in the residual insurance market?
A. The applicant wants the most affordable premium available.
B. The applicant is entitled to insurance but cannot buy it through the voluntary
market.
C. The applicant is a business entity.
D. The applicant has been rejected by an insurer.
Give this one a try later!
B. The applicant is entitled to insurance but cannot buy it through the
voluntary market.
, Muller's Floral Shop uses vans to deliver flowers and is insured with a business auto
policy. It wants auto liability coverage on all autos, but medical payments, UM/ UIM,
and physical damage coverage only on owned autos. Which symbols does Muller's
insurance agent recommend for these coverages?
A. symbol 2 for all vehicles and coverages
B. symbol 7 for liability on owned vehicles; symbol 4 for medical payments, UM/UIM,
and physical damage coverage
C. symbol 1 for liability coverage on any auto; symbol 2 for medical payments,
UM/UIM, and physical damage coverage on owned autos
D. symbol 7 for liability, medical payments, UM/UIM, and physical damage coverages
on all owned autos
Give this one a try later!
C. symbol 1 for liability coverage on any auto; symbol 2 for medical
payments, UM/UIM, and physical damage coverage on owned autos
Any bodily injury or property damage due to the use, sale, manufacture, delivery,
transfer, or possession by any person of cocaine, marijuana, or a narcotic is excluded
in a homeowners policy by the:
A. professional services exclusion
B. physical or mental abuse exclusion
C. loss assessment exclusion
D. controlled substance exclusion
Give this one a try later!
D. controlled substance exclusion
under his employer's workers compensation policy, his claim was denied because his
injury was personal in nature. Assuming the denial was legitimate, what may have
caused Aaron's illness?
A. noxious chemicals in the workplace
B. a previously unknown liver condition
C. food poisoning from lunch he bought in the cafeteria
D. an allergic reaction to a snack he bought from a vending machine in the break
room
Give this one a try later!
B. a previously unknown liver condition
,All of the following are described in the cancellation provision in property and
casualty insurance policies EXCEPT:
A. why the policy may be canceled
B. who may cancel the policy
C. when the policy may be canceled
D. where the policy may be canceled
Give this one a try later!
D. where the policy may be canceled
What is the name given to the insured party in an ocean marine policy?
A. named insured
B. assured
C. secured party
D. nautical ensured
Give this one a try later!
B. assured
Which statement about Medicare supplement Plans K and L is correct?
A. Plans K and L represent a higher level of benefits.
B. Plans K and L premiums are much higher than those associated with other plans.
C. Plans K and L both pay 20 percent of Medicare coinsurance, co-pays, and
deductibles after the insured's annual out-of-pocket limit is reached.
D. Plans K and L can offer high-deductible options, which further decrease premium
payments.
,Give this one a try later!
D. Plans K and L can offer high-deductible options, which further decrease
premium payments.
A damaged auto is considered to be a constructive total loss if the estimated cost of
repairs is:
A. 35 percent or more of the vehicle's actual cash value
B. 50 to 60 percent or more of the vehicle's actual cash value
C. 75 to 80 percent or more of the vehicle's actual cash value
D. 100 percent or more of the vehicle's actual cash value
Give this one a try later!
C. 75 to 80 percent or more of the vehicle's actual cash value
In which of the following cases would the applicant be eligible for coverage through
an insurer in the residual insurance market?
A. The applicant wants the most affordable premium available.
B. The applicant is entitled to insurance but cannot buy it through the voluntary
market.
C. The applicant is a business entity.
D. The applicant has been rejected by an insurer.
Give this one a try later!
B. The applicant is entitled to insurance but cannot buy it through the
voluntary market.
, Muller's Floral Shop uses vans to deliver flowers and is insured with a business auto
policy. It wants auto liability coverage on all autos, but medical payments, UM/ UIM,
and physical damage coverage only on owned autos. Which symbols does Muller's
insurance agent recommend for these coverages?
A. symbol 2 for all vehicles and coverages
B. symbol 7 for liability on owned vehicles; symbol 4 for medical payments, UM/UIM,
and physical damage coverage
C. symbol 1 for liability coverage on any auto; symbol 2 for medical payments,
UM/UIM, and physical damage coverage on owned autos
D. symbol 7 for liability, medical payments, UM/UIM, and physical damage coverages
on all owned autos
Give this one a try later!
C. symbol 1 for liability coverage on any auto; symbol 2 for medical
payments, UM/UIM, and physical damage coverage on owned autos
Any bodily injury or property damage due to the use, sale, manufacture, delivery,
transfer, or possession by any person of cocaine, marijuana, or a narcotic is excluded
in a homeowners policy by the:
A. professional services exclusion
B. physical or mental abuse exclusion
C. loss assessment exclusion
D. controlled substance exclusion
Give this one a try later!
D. controlled substance exclusion
