1
PEARSON VUE: CASUALTY INSURANCE TEST EXAM
2025 BRAND NEW ACTUAL EXAM WITH ANSWERS.
An insured may cancel a Personal Auto Policy by taking which of the following
actions?
A. Paying the insurance company any past due premiums
B. Waiting until the policy expiration date
C. Giving written notice to the insurance company
D. Informing the producer by telephone - ...(ANSWERS)....C
In insurance, which of the following terms refers to continuous or repeated
exposure to conditions that may result in bodily injury or damage neither
expected nor intended?
A. An accident
B. An occurrence
C. An event
, 2
D. A condition - ...(ANSWERS)....B
Which of the following vehicles is considered a temporary substitute auto under a
Personal Auto policy?
A. A neighbor's pickup truck borrowed by an insured to run an errand
B. An auto purchased by an insured to replace a previously owned vehicle
C. An auto rented by an insured when the insured is on vacation
D. An auto rented by an insured when the insured's car is in a garage for repairs -
...(ANSWERS)....D
An insurance binder is best described as:
A. a large bound volume of rules, rates, and forms
B. a rate manual supplied by one of the rating organizations
C. a temporary agreement to pay a claim pending final settlement
, 3
D. temporary short-term evidence of coverage - ...(ANSWERS)....D
Anything that increases the chance of loss is known as a(n):
A. risk
B. hazard
C. direct loss
D. indirect loss - ...(ANSWERS)....B
The Fair Credit Reporting Act requires the:
A. insurance company to review the applicant's credit history prior to
underwriting a policy
B. insurance producer to summarize a policy for the insured
C. insurance producer to review the applicant's credit history prior to issuing a
policy
PEARSON VUE: CASUALTY INSURANCE TEST EXAM
2025 BRAND NEW ACTUAL EXAM WITH ANSWERS.
An insured may cancel a Personal Auto Policy by taking which of the following
actions?
A. Paying the insurance company any past due premiums
B. Waiting until the policy expiration date
C. Giving written notice to the insurance company
D. Informing the producer by telephone - ...(ANSWERS)....C
In insurance, which of the following terms refers to continuous or repeated
exposure to conditions that may result in bodily injury or damage neither
expected nor intended?
A. An accident
B. An occurrence
C. An event
, 2
D. A condition - ...(ANSWERS)....B
Which of the following vehicles is considered a temporary substitute auto under a
Personal Auto policy?
A. A neighbor's pickup truck borrowed by an insured to run an errand
B. An auto purchased by an insured to replace a previously owned vehicle
C. An auto rented by an insured when the insured is on vacation
D. An auto rented by an insured when the insured's car is in a garage for repairs -
...(ANSWERS)....D
An insurance binder is best described as:
A. a large bound volume of rules, rates, and forms
B. a rate manual supplied by one of the rating organizations
C. a temporary agreement to pay a claim pending final settlement
, 3
D. temporary short-term evidence of coverage - ...(ANSWERS)....D
Anything that increases the chance of loss is known as a(n):
A. risk
B. hazard
C. direct loss
D. indirect loss - ...(ANSWERS)....B
The Fair Credit Reporting Act requires the:
A. insurance company to review the applicant's credit history prior to
underwriting a policy
B. insurance producer to summarize a policy for the insured
C. insurance producer to review the applicant's credit history prior to issuing a
policy
