Ch 7 AD Banker correctly Answered

which of the following statements about the personal jewelry floater is correct? - ANSWERSautomatic coverage for newly acquired items is only provided for 30 days which of the following types of property are covered by the personal effects floater? - ANSWERSpersonal property carried by travelers section 1 of the boatowners policy provides what type of coverage for the hull? - ANSWERSopen perils which of the following is correct about difference in conditions (DIC) insurance - ANSWERSflood is a peril that can be covered by this policy in order to be considered single occurrence the earthquake endorsement covers all earth movements that occurs within what time period? - ANSWERS72 hours National Flood Insurance Program (NFIP) sells flood insurance in which of the following types of communities - ANSWERSparticipating communities a single family dwelling may purchase up to what amount of flood insurance in the NFIPS's emergency program? - ANSWERS$35,000 which of the following is not eligible for coverage under a fair access to insurance requirements program - ANSWERSfarm property all of the following are true regarding the personal umbrella policy - ANSWERSthe umbrella acts as a contributory liability policy which of the following perils is covered inder the personal umbrella - ANSWERSpersonal injury the self-insured retention in the umbrella policy is described as which of the following? - ANSWERSa method of cost sharing choose the false statement about an umbrella liability policy - ANSWERSproperty in the care and custody of the insured is covered which of the following losses would not be covered under a NFIP policy? - ANSWERSwater main in the street breaks, flooding the insured basement mobile home insurance includes all of the following except - ANSWERScoverage c with a limit of 50% of coverage A choose the true statement regarding the NFIP - ANSWERSthe federal government overseas and reinsured all flood insurance which description of the personal articles floater is incorrect? - ANSWERSit covers claims on replacements cost basis some flood policies are written in the voluntary property market as a result of which program? - ANSWERSwrite your own