WEBCE Practice Exam 100 Question and Answer 2023

An insured would be prudent to rely upon health insurance to cover injuries sustained in an auto accident because medical payments coverage under a personal auto policy. (PAP - has relatively low limits If a group of insureds are rated by class, they will - be charged the same premium rate Nelson is the president of his company and has a company car. He does not have a personal auto policy because he does not own another vehicle. Which endorsement to his company's business auto policy (BAP) will protect him when he uses another vehicle - Drive other car (DOC) - Broadened Coverage For Named Individuals Endorsement When the insurance policy provides crime coverage on a loss sustained basis, coverage is triggered by the loss that occurs - During the policy period and is discovered within one year after the policy period ends The difference between the Pollution Liability Coverage (CG 00 39) and the Pollution Liability coverage Form (CG 00 40) is that the Limited Coverage Form - does not clean up cover cleanup costs Felix owns a 80 year old apartment building with narrow stairways .if his building is seriously damaged, Felix will not be permitted to rebuild it unless he makes the stairways wide enough to meet the current building code. His property insurance will NOT cover the extra cost of such an alteration if the policy contains a typical - ordinance or law exclusion Which are typically NOT among the provisions of a typical property and casualty insurance policy - Waivers Liability insurance basically involves - Tort law Gina was the only employee in OK Convience Store at 3 a.m. when a gunman entered the store and made her give him all the money in the cash register . which of the following correctly describes the cause of loss? - Robbery How long is an insurance producer's license valid - three years Which of the following is NOT a category of workers compensation benefits payable to an injured workers or his or her dependents? - Unemployment