TEXAS PROPERTY AND CASUALTY
LICENSING EXAM 2024 LATEST
UPDATED 200 QUESTIONS WITH
DETAILED VERIFIED AND 100%
CORRECT ANSWERS BRAND NEW
EXAM GRADED A+
while driving to work one morning, Joe is hit from behind
by a car driven by Sam. Joe is injured and taken to the
hospital where he is admitted with a broken shoulder and
other internal injuries. during the police investigation, it is
determined that sam was 100% negligent and did not
have auto insurance. what coverage will indemnify Joe
for his injuries -
....ANSWER...Joe's uninsured motorist bodily injury
coverage
under the medical payments coverage of a personal auto
policy, the insurer pays for medical expenses and funeral
services incurred within how many years from the date
of the accident -
....ANSWER...three years
common exclusions with a liability policy would typically
include all of the following except -
....ANSWER...injuries or damages caused unintentionally
1
,by the insured
coverage c in the commercial general liability policy covers
- ....ANSWER...medical payments
a bailee is a person or organization who -
....ANSWER...has temporary possession of someone else's
personal property
assume that a toy store has a fairly stable inventory
except in november and december, when its inventory
triples, what is the best way to insure the increase in the
amount of coverage needed -
....ANSWER...peak season endorsement
occupational diseases are covered under workers'
compensation. all of the following are occupational
diseases except - ....ANSWER...chicken pox that is
contracted at work
which of the following situations is covered under a
commercial general liability policy (CGL) -
....ANSWER...a shopper is injured when a shelf of
merchandise collapses
mary and sue are customers in paul's bicycle shop. mary
and sue are both injured when a stack of
2
,bicycles fall on them because they were trying to get a
bike off the top shelf. which of the following statements
best describes how paul's standard businessowners policy
would provide coverage in regards to mary and sue's
injuries -
....ANSWER...mary and sue would receive payments for
up to the policy limits under the medical expenses
coverage, whether or not paul is found to be legally
liable
an insurance binder is best described as -
....ANSWER...temporary short-term evidence of coverage
which of the following policy provisions restricts certain
risks from coverage -
....ANSWER...exclusions
Bill is hurt while he is a customer at Sue's flower shop,
which is covered by a businessowners policy. He is
awarded $50,000 for bodily injury. He also has incurred
$2,000 for medical expenses for the first year after the
injury and another $1,000 reported in the second year.
How much will Sue's businessowners policy pay
assuming she has enough insurance -
....ANSWER...$52,000
which of the following is not a responsibility of a
fiduciary - ....ANSWER...to maintain premium accounts
3
, 2|Page
combined with personal accounts
While on a tour of a toy manufacturer's warehouse, a
child severely cuts her finger. The toy manufacturer's
insurer will cover the claim if the manufacturer carried
which one of the following types of insurance -
....ANSWER...commercial general liability
section II of the homeowners policy contains two
coverages: coverage E and coverage F - medical
payments. the primary difference between these
coverages is - ....ANSWER...the insured must be legally
liable for a loss for it to be paid under coverage E
after a fire damages a home, how much is the insured
entitled to recover for buying materials to board up the
windows under the homeowners policy
- ....ANSWER...whatever it will reasonably cost
the bailee policy pays - ....ANSWER...the bailor
Emily owns a two-bedroom home that she rents to
another family. she wants both property and liability
insurance on this rental property. emily should purchase -
....ANSWER...a dwelling policy and the personal liability
2
LICENSING EXAM 2024 LATEST
UPDATED 200 QUESTIONS WITH
DETAILED VERIFIED AND 100%
CORRECT ANSWERS BRAND NEW
EXAM GRADED A+
while driving to work one morning, Joe is hit from behind
by a car driven by Sam. Joe is injured and taken to the
hospital where he is admitted with a broken shoulder and
other internal injuries. during the police investigation, it is
determined that sam was 100% negligent and did not
have auto insurance. what coverage will indemnify Joe
for his injuries -
....ANSWER...Joe's uninsured motorist bodily injury
coverage
under the medical payments coverage of a personal auto
policy, the insurer pays for medical expenses and funeral
services incurred within how many years from the date
of the accident -
....ANSWER...three years
common exclusions with a liability policy would typically
include all of the following except -
....ANSWER...injuries or damages caused unintentionally
1
,by the insured
coverage c in the commercial general liability policy covers
- ....ANSWER...medical payments
a bailee is a person or organization who -
....ANSWER...has temporary possession of someone else's
personal property
assume that a toy store has a fairly stable inventory
except in november and december, when its inventory
triples, what is the best way to insure the increase in the
amount of coverage needed -
....ANSWER...peak season endorsement
occupational diseases are covered under workers'
compensation. all of the following are occupational
diseases except - ....ANSWER...chicken pox that is
contracted at work
which of the following situations is covered under a
commercial general liability policy (CGL) -
....ANSWER...a shopper is injured when a shelf of
merchandise collapses
mary and sue are customers in paul's bicycle shop. mary
and sue are both injured when a stack of
2
,bicycles fall on them because they were trying to get a
bike off the top shelf. which of the following statements
best describes how paul's standard businessowners policy
would provide coverage in regards to mary and sue's
injuries -
....ANSWER...mary and sue would receive payments for
up to the policy limits under the medical expenses
coverage, whether or not paul is found to be legally
liable
an insurance binder is best described as -
....ANSWER...temporary short-term evidence of coverage
which of the following policy provisions restricts certain
risks from coverage -
....ANSWER...exclusions
Bill is hurt while he is a customer at Sue's flower shop,
which is covered by a businessowners policy. He is
awarded $50,000 for bodily injury. He also has incurred
$2,000 for medical expenses for the first year after the
injury and another $1,000 reported in the second year.
How much will Sue's businessowners policy pay
assuming she has enough insurance -
....ANSWER...$52,000
which of the following is not a responsibility of a
fiduciary - ....ANSWER...to maintain premium accounts
3
, 2|Page
combined with personal accounts
While on a tour of a toy manufacturer's warehouse, a
child severely cuts her finger. The toy manufacturer's
insurer will cover the claim if the manufacturer carried
which one of the following types of insurance -
....ANSWER...commercial general liability
section II of the homeowners policy contains two
coverages: coverage E and coverage F - medical
payments. the primary difference between these
coverages is - ....ANSWER...the insured must be legally
liable for a loss for it to be paid under coverage E
after a fire damages a home, how much is the insured
entitled to recover for buying materials to board up the
windows under the homeowners policy
- ....ANSWER...whatever it will reasonably cost
the bailee policy pays - ....ANSWER...the bailor
Emily owns a two-bedroom home that she rents to
another family. she wants both property and liability
insurance on this rental property. emily should purchase -
....ANSWER...a dwelling policy and the personal liability
2
