Nevada Property and Casualty (100% accurate answers)

A unique feature in a bailee form is that it covers A. A loss that has no exclusions B. The building occupied by the insured whether it is owned or leased C. Customers property whether or not the insured has been negligent D. Fire and theft losses to the insured stock held for sale without any deductibles. correct answers C What is a certificate of insurance A. Written document allowing the insured to inspect the insured's books B. A written document showing to types and amounts of insurance that have been issued to the insured C. A written document obligating the insured to the person to the witch the insurance was issued D. Written document naming the insurance beneficiary correct answers B An insured intentionally did not disclose material fact on the application for insurance this would be considered A. Coercion B. Avoidance C. Misrepresentation D. Concealment correct answers D In a personal auto policy the term you refers to A. Any person reading the policy B. The insurer C. The name insured D. Any person injured in a covered accident correct answers C Terrorism risk insurance program reauthorization act of 2015 has extended the TRIA to the year A. 2015 B. 2017 C. 2020 D. 2030 correct answers C With respect to commercial auto policies the garage coverage form provide liability protection for all the following except A. The insurance business income loss is due to personal injury B. The insurance business premises C. The insured's business autos D. The insurance business products in work performed correct answers A If an insured is in the process of moving to a new location his personal property coverage under the dwelling policy will apply on a pro rata basis on both locations for A. 90 days B. 5 days