Delaware Licensing Exam - #1
Which of the following is covered under OTC (Other Than Collision) except:
A. Explosion
B. Smoke
C. Riot
D. Malicious actions by an insured - ANS-D. Malicious actions by an insured
We cover all the following under OTC except:
A. Animal Struck by a Vehicle
B. Fire
C. Windstorm
D. Lightning - ANS-A. Animal Struck by a Vehicle
You can immediately resolve a claim when you_________?
A. Notify the Commissioner
B. Send a note/letter within 15 days
C. Communicate the insured's intent
D. Verbally or in writing communicate with the insured and write it in the file - ANS-D.
Verbally or in writing communicate with the insured and write it in the file
When can you settle a claim?
A. When you get the authority amount from the company
B. When the adjuster gets a free
C. When the adjuster offers the settlement - ANS-A. When you get the authority amount
from the company
Who is part of the contract?
A. Producer
B. Contractor
C. Resident Relative
D. Named Insured - ANS-D. Named Insured
All of the following are included under PIP except:
, A. Funeral expense including burial
B. Wages
C. Ambulance
D. Med Pay - ANS-D. Med Pay
All of the following are included under PIP except:
A. Funeral and burial
B. Net wages for insured
C. Loss of Use
D. Medical Expenses - ANS-C. Loss of Use
What qualifies as an insured vehicle under the FAP?
A. A rental vehicle
B. Sports Utility Vehicle (Not a SUV)
C. Non-Owned Auto
D. Temporary Substitute - ANS-D. Temporary Substitute
What is coverage under the PAP?
A. Fire
B. Theft
C. Vandalism
D. Physical Damage - ANS-D. Physical Damage
When does the policy cancellation take effect?
A. 12:00AM at residence
B. 12:01AM at residence
C. 12:00AM at insurance address - ANS-A. 12:00AM at residence
What is a major provision of the PAP?
A. Declarations
B. Subrogation
C. Endorsements
D. Other Auto Provisions - ANS-A. Declarations
Which of the following is covered under OTC (Other Than Collision) except:
A. Explosion
B. Smoke
C. Riot
D. Malicious actions by an insured - ANS-D. Malicious actions by an insured
We cover all the following under OTC except:
A. Animal Struck by a Vehicle
B. Fire
C. Windstorm
D. Lightning - ANS-A. Animal Struck by a Vehicle
You can immediately resolve a claim when you_________?
A. Notify the Commissioner
B. Send a note/letter within 15 days
C. Communicate the insured's intent
D. Verbally or in writing communicate with the insured and write it in the file - ANS-D.
Verbally or in writing communicate with the insured and write it in the file
When can you settle a claim?
A. When you get the authority amount from the company
B. When the adjuster gets a free
C. When the adjuster offers the settlement - ANS-A. When you get the authority amount
from the company
Who is part of the contract?
A. Producer
B. Contractor
C. Resident Relative
D. Named Insured - ANS-D. Named Insured
All of the following are included under PIP except:
, A. Funeral expense including burial
B. Wages
C. Ambulance
D. Med Pay - ANS-D. Med Pay
All of the following are included under PIP except:
A. Funeral and burial
B. Net wages for insured
C. Loss of Use
D. Medical Expenses - ANS-C. Loss of Use
What qualifies as an insured vehicle under the FAP?
A. A rental vehicle
B. Sports Utility Vehicle (Not a SUV)
C. Non-Owned Auto
D. Temporary Substitute - ANS-D. Temporary Substitute
What is coverage under the PAP?
A. Fire
B. Theft
C. Vandalism
D. Physical Damage - ANS-D. Physical Damage
When does the policy cancellation take effect?
A. 12:00AM at residence
B. 12:01AM at residence
C. 12:00AM at insurance address - ANS-A. 12:00AM at residence
What is a major provision of the PAP?
A. Declarations
B. Subrogation
C. Endorsements
D. Other Auto Provisions - ANS-A. Declarations
