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Terms in this set (152)
,The coverage territory of Hires, leases, rents or borrows without a driver while
the Business Auto form outside the United States, its territories and
provides for "worldwide possessions..
liability coverage" for
private passenger autos
that the insured:
a) Hires, leases, rents or
borrows without a driver
while outside the United
States, its territories and
possessions.
b) Purchases while outside
the United States, its
territories and
possessions.
c) Sells while outside the
United States, its
territories and
possessions.
d) Occupies while outside
the United States, its
territories and
possessions.
Which of the following A nonowner-occupied one-family dwelling.
dwelling types would be
eligible for the Limited
Theft coverage
endorsement to their
Dwelling policy?
,Which of the following Acknowledging the claim, then opening a line of
shows a correct sequence communication with the insured or claimant..
of activities for an adjuster
when negotiating a claim?
A slippery floor is an A physical hazard.
example of:
An insured suffers a partial Coverage D
fire loss to his residence.
Under an HO-3 policy
what insuring agreement is
available to pay for
temporary, alternate living
quarters?
Which of the following is Because the insurance company is the only party to
the BEST explanation as to the contract that can be sued if they do not meet the
the reason insurance terms..
policies are called
"unilateral contracts"?
Which of the following Vicarious/Imputed liability
terms means "liability
through another person"?
, All of the following are Promptly hiring a public adjuster to assist in
duties of the insured after presenting the claim to the insurance company
a loss, EXCEPT:
Answer Choices:Select the
Correct Answer
a) Promptly hiring a public
adjuster to assist in
presenting the claim to the
insurance company.
b) Promptly reporting the
loss to the insurer.
c) Cooperating with the
insurer in the investigation
of the claim by providing
the information requested
by the adjuster.
d) Submitting to an
examination under oath
(EUO) if requested by the
insurer.