2/5/25, 11:02 AM OTL EXAM Practice Questions 2025 COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS/SOLUTIONS |MULTIPLE …
OTL EXAM Practice Questions 2025
COMPREHENSIVE QUESTIONS AND VERIFIED
ANSWERS/SOLUTIONS |MULTIPLE CHOICES
|solved!!
Save
Terms in this set (41)
Which exclusion is d. Bodily injury caused by a criminal act
commonly found in the
personal liability
coverage of a
homeowners policy?
a. Damage caused to a
neighbour's home
b. Bodily injury caused
because of negligence
c. Damage caused to a
neighbour's automobile
d. Bodily injury caused by
a criminal act
https://quizlet.com/1001780042/otl-exam-practice-questions-2025-comprehensive-questions-and-verified-answerssolutions-multiple-choices-solv… 1/23
,2/5/25, 11:02 AM OTL EXAM Practice Questions 2025 COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS/SOLUTIONS |MULTIPLE …
What type of coverage a. Named perils on the building and contents,
does a mobile home excluding damage while the building is being
policy provide? moved.
a. Named perils on the
building and contents,
excluding damage while
the building is being
moved. Mobile home
policies provide named
perils coverage for the
building and contents
which is similar to the
basic Homeowners
policy but excludes
coverage when the home
is being moved.
b. Named perils on the
building and all perils on
the contents, because
many of the contents are
considered part of the
building.
c. Named perils on the
building but no coverage
for the contents, because
many of the contents are
considered part of the
building.
d. Named perils on the
contents, but no
coverage for the
building, due to fast
depreciation.
https://quizlet.com/1001780042/otl-exam-practice-questions-2025-comprehensive-questions-and-verified-answerssolutions-multiple-choices-solv… 2/23
, 2/5/25, 11:02 AM OTL EXAM Practice Questions 2025 COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS/SOLUTIONS |MULTIPLE …
A university student is d. She is automatically covered, subject to certain
seeking protection for restrictions, if her parents have a comprehensive
her personal property homeowners policy.
while living in school Coverage C—Personal Property of the
residence. Which comprehensive homeowners policy includes
coverage is available to extension of coverage, up to a certain limit, to
her, if any? include the personal property of a student insured
a. She must purchase a under the policy but temporarily living away from
tenants policy. home to attend school. A student in residence
b. She does not have would not require tenant insurance and universities
access to insurance do not provide content coverage for students.
protection and must self-
insure.
c. She is covered under
the university's residence
contents insurance
policy.
d. She is automatically
covered, subject to
certain restrictions, if her
parents have a
comprehensive
homeowners policy.
https://quizlet.com/1001780042/otl-exam-practice-questions-2025-comprehensive-questions-and-verified-answerssolutions-multiple-choices-solv… 3/23
OTL EXAM Practice Questions 2025
COMPREHENSIVE QUESTIONS AND VERIFIED
ANSWERS/SOLUTIONS |MULTIPLE CHOICES
|solved!!
Save
Terms in this set (41)
Which exclusion is d. Bodily injury caused by a criminal act
commonly found in the
personal liability
coverage of a
homeowners policy?
a. Damage caused to a
neighbour's home
b. Bodily injury caused
because of negligence
c. Damage caused to a
neighbour's automobile
d. Bodily injury caused by
a criminal act
https://quizlet.com/1001780042/otl-exam-practice-questions-2025-comprehensive-questions-and-verified-answerssolutions-multiple-choices-solv… 1/23
,2/5/25, 11:02 AM OTL EXAM Practice Questions 2025 COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS/SOLUTIONS |MULTIPLE …
What type of coverage a. Named perils on the building and contents,
does a mobile home excluding damage while the building is being
policy provide? moved.
a. Named perils on the
building and contents,
excluding damage while
the building is being
moved. Mobile home
policies provide named
perils coverage for the
building and contents
which is similar to the
basic Homeowners
policy but excludes
coverage when the home
is being moved.
b. Named perils on the
building and all perils on
the contents, because
many of the contents are
considered part of the
building.
c. Named perils on the
building but no coverage
for the contents, because
many of the contents are
considered part of the
building.
d. Named perils on the
contents, but no
coverage for the
building, due to fast
depreciation.
https://quizlet.com/1001780042/otl-exam-practice-questions-2025-comprehensive-questions-and-verified-answerssolutions-multiple-choices-solv… 2/23
, 2/5/25, 11:02 AM OTL EXAM Practice Questions 2025 COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS/SOLUTIONS |MULTIPLE …
A university student is d. She is automatically covered, subject to certain
seeking protection for restrictions, if her parents have a comprehensive
her personal property homeowners policy.
while living in school Coverage C—Personal Property of the
residence. Which comprehensive homeowners policy includes
coverage is available to extension of coverage, up to a certain limit, to
her, if any? include the personal property of a student insured
a. She must purchase a under the policy but temporarily living away from
tenants policy. home to attend school. A student in residence
b. She does not have would not require tenant insurance and universities
access to insurance do not provide content coverage for students.
protection and must self-
insure.
c. She is covered under
the university's residence
contents insurance
policy.
d. She is automatically
covered, subject to
certain restrictions, if her
parents have a
comprehensive
homeowners policy.
https://quizlet.com/1001780042/otl-exam-practice-questions-2025-comprehensive-questions-and-verified-answerssolutions-multiple-choices-solv… 3/23
