ADB INSURANCE REAL EXAM QUESTIONS
AND ANSWERS 2025 LATESTGRADED A+
when coverage is provided under the additional coverages of section 2 of the
homeowners policy payments are - ANSWER>>Made in addition to policy limits
Which of the following losses could be covered by the inside the premises, theft
of money, insecurities, insuring agreement under a commercial Crime policy -
ANSWER>>vandalism to the building, occurring in the course of a burglary
losses under coverage sea of the DP to our valued on which lost settlement basis -
ANSWER>>Actual cash value
an accounting firm discovers that someone has hacked into its records to steal the
accounting numbers and routing numbers of its employees, and use these
numbers to fraudulently draw funds from those accounts, under which
commercial crime insuring agreement would this loss be covered -
ANSWER>>Computer fraud
Medical payments coverage, provided by commercial general liability, policies
would apply to which of the following injuries - ANSWER>>A volunteer worker
injured, while handing out flyers on the insureds premises
And insurance companies organized under the laws of the United Kingdom and is
authorized to do business in New York in New York. What kind of insurance this -
ANSWER>>admitted alien insurer
Under commercial, general liability policy written on the air currents form all of
the following are correct, except - ANSWER>>The retroactive date will be
determined by the insurer and listed on the declarations page
,If the insured does not agree with the insurers decision regarding a claim, what
process helps the side the outcome - ANSWER>>Arbitration
A building with no physical contents in no occupants is said to be which of the
following - ANSWER>>Vacant
On a personal auto policy includes OTC coverage physical damage coverage will
cover all of the following losses, except - ANSWER>>Theft of the insured cell
phone from the auto
Asses to most business, personal property, insured by a business owners policy
are settled on what basis - ANSWER>>Replacement cost
The possibility of a loss is known as - ANSWER>>A risk
What is the term for the first event in the unbroken chain of events that are
resulted in a loss? - ANSWER>>Proximate cause
All of the following are true of a yacht policy, except - ANSWER>>A yacht is
covered regardless of its location
Which commercial general liability policy form response to cover losses that
occur, while the policy is in force, regardless of when the claim is made -
ANSWER>>Occurrence form
The definition of fungi provided by the limited fungi wet or dry, rot or bacteria
endorsement of a homeowners policy, includes all of the following, except -
ANSWER>>Fungi intended for consumption
exes the name insured on a personal auto policy afternoon and uninsured
motorist cause an accident. All of the following people could collect payments
under part C of exes, personal auto policy, except. - ANSWER>>The operator of
the uninsured motor vehicle
, Coverage provided by section 2 of the homeowners policy is subject to all of the
following policy terms except - ANSWER>>claim payments are subject to a
standard deductible
ABC industries carries a claims made commercial general liability policy with a
general aggregate limit of 300,000 and Anita currents limit of 100,000 after an
occurrence resulting in 200,000 loss followed by a second occurrence resulting in
$100,000 loss how much of the general aggregate limit remains available against
future claims - ANSWER>>100,000
T owns a commercial building with five units and ensures the building on a
business owners policy. What is the minimum number of units that must be used
to conduct customary operations in order for the building to not be considered
vacant? - ANSWER>>Two
under personal auto policy, which statement about deductibles, applying to
coverage under party coverage for damaged your auto is correct - ANSWER>>The
deductible is planning to collision coverage is listed separately from the
deductible playing to comprehensive coverage
dental lab protected by an unendorsed business owners policy is damaged by a
fire, hoping to minimize the suspension of a business, the lab and Coors extra
expenses to move to a temporary location and resume business. These extra
expenses are covered during the period of restoration, which begins -
ANSWER>>immediately after the fire loss
Statements in the application that are guaranteed true but later found to be false
at the time of application may result in which of the following -
ANSWER>>Voidance of the contract
A policy written through the NFIP will provide coverage for - ANSWER>>increased
cost to comply with local floodplain management laws
AND ANSWERS 2025 LATESTGRADED A+
when coverage is provided under the additional coverages of section 2 of the
homeowners policy payments are - ANSWER>>Made in addition to policy limits
Which of the following losses could be covered by the inside the premises, theft
of money, insecurities, insuring agreement under a commercial Crime policy -
ANSWER>>vandalism to the building, occurring in the course of a burglary
losses under coverage sea of the DP to our valued on which lost settlement basis -
ANSWER>>Actual cash value
an accounting firm discovers that someone has hacked into its records to steal the
accounting numbers and routing numbers of its employees, and use these
numbers to fraudulently draw funds from those accounts, under which
commercial crime insuring agreement would this loss be covered -
ANSWER>>Computer fraud
Medical payments coverage, provided by commercial general liability, policies
would apply to which of the following injuries - ANSWER>>A volunteer worker
injured, while handing out flyers on the insureds premises
And insurance companies organized under the laws of the United Kingdom and is
authorized to do business in New York in New York. What kind of insurance this -
ANSWER>>admitted alien insurer
Under commercial, general liability policy written on the air currents form all of
the following are correct, except - ANSWER>>The retroactive date will be
determined by the insurer and listed on the declarations page
,If the insured does not agree with the insurers decision regarding a claim, what
process helps the side the outcome - ANSWER>>Arbitration
A building with no physical contents in no occupants is said to be which of the
following - ANSWER>>Vacant
On a personal auto policy includes OTC coverage physical damage coverage will
cover all of the following losses, except - ANSWER>>Theft of the insured cell
phone from the auto
Asses to most business, personal property, insured by a business owners policy
are settled on what basis - ANSWER>>Replacement cost
The possibility of a loss is known as - ANSWER>>A risk
What is the term for the first event in the unbroken chain of events that are
resulted in a loss? - ANSWER>>Proximate cause
All of the following are true of a yacht policy, except - ANSWER>>A yacht is
covered regardless of its location
Which commercial general liability policy form response to cover losses that
occur, while the policy is in force, regardless of when the claim is made -
ANSWER>>Occurrence form
The definition of fungi provided by the limited fungi wet or dry, rot or bacteria
endorsement of a homeowners policy, includes all of the following, except -
ANSWER>>Fungi intended for consumption
exes the name insured on a personal auto policy afternoon and uninsured
motorist cause an accident. All of the following people could collect payments
under part C of exes, personal auto policy, except. - ANSWER>>The operator of
the uninsured motor vehicle
, Coverage provided by section 2 of the homeowners policy is subject to all of the
following policy terms except - ANSWER>>claim payments are subject to a
standard deductible
ABC industries carries a claims made commercial general liability policy with a
general aggregate limit of 300,000 and Anita currents limit of 100,000 after an
occurrence resulting in 200,000 loss followed by a second occurrence resulting in
$100,000 loss how much of the general aggregate limit remains available against
future claims - ANSWER>>100,000
T owns a commercial building with five units and ensures the building on a
business owners policy. What is the minimum number of units that must be used
to conduct customary operations in order for the building to not be considered
vacant? - ANSWER>>Two
under personal auto policy, which statement about deductibles, applying to
coverage under party coverage for damaged your auto is correct - ANSWER>>The
deductible is planning to collision coverage is listed separately from the
deductible playing to comprehensive coverage
dental lab protected by an unendorsed business owners policy is damaged by a
fire, hoping to minimize the suspension of a business, the lab and Coors extra
expenses to move to a temporary location and resume business. These extra
expenses are covered during the period of restoration, which begins -
ANSWER>>immediately after the fire loss
Statements in the application that are guaranteed true but later found to be false
at the time of application may result in which of the following -
ANSWER>>Voidance of the contract
A policy written through the NFIP will provide coverage for - ANSWER>>increased
cost to comply with local floodplain management laws
