Texas all lines adjuster exam | 378 Questionswith Q& A 100% Verified A+ pass
Texas all lines adjuster exam | 378 Questionswith Q& A 100% Verified A+ pass Which of the following statements is TRUE regarding the coverage extension of the standard Businessowners policy for "Business Personal Property Temporarily in Portable Storage Units"? Correct Answer: Coverage will not apply if the storage unit has been on the insured premises for longer than 90 days, even if the business personal property has only been stored there for less than 90 days. Which of the following would be considered a Part D - Other Than Collision claim under a Personal Automobile claim? Correct Answer: A load of bricks falling from an apartment building onto the car. The Section I Additional Coverage of the standard Businessowners policy provides coverage for "Debris Removal". Which of the following statements best describes the limit for this coverage? Correct Answer: The total limit may be up to 25% of the policy limit for the loss payable with the deductible included, plus up to an additional $25,000 if the policy limits are exhausted An agent, insured or claimant has intentionally deceived an insurer for financial gain. Such an act is known as: Correct Answer: Fraud Which of the following losses would be covered under a Commercial Property policy with the special cause of loss form attached? Correct Answer: A fire that breaks out in an office building and causes damage to two of the offices.. If the Navigational Limits or Lay-Up period shown on the Declarations page of a standardized Yacht policy is breached because of something out of the control of the insured: Correct Answer: The insurer must be notified within 10 days after the breach and any additional premium that is due must be paid. Which of the following is NOT eligible for a coverage under a Ho
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