07/06/2025, 12:22 Louisiana Property & Casualty Exam - PSI & ExamFX COMPLETE 2025 |QUESTIONS AND ANSWERS | 100% ACCURATE Flas…
Louisiana Property & Casualty Exam - PSI &
ExamFX COMPLETE 2025 |QUESTIONS AND
ANSWERS | 100% ACCURATE
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Terms in this set (41)
b) 2 years
If a producer allows his
license to lapse, within Producers who allow their license to lapse may
what time period may the reinstate them same license within 2 years, upon proof
producer reinstate the of fulfilling all continuing education requirements
same license? through the date of reinstatement, & by paying all
overdue fees.
d) A full-time maid
Which of the following
would be eligible for
Medical payments on the HO policy cover costs
Homeowners Coverage F
incurred for up to three years after the accident.
- Medical Payments in the
Coverage does not apply to any insured or a regular
event of injury at the
resident of the premises, except resident employees
insured's premises?
not covered by workers compensation.
https://quizlet.com/1052127931/louisiana-property-casualty-exam-psi-examfx-complete-2025-questions-and-answers-100-accurate-flash-cards/?new 1/10
, 07/06/2025, 12:22 Louisiana Property & Casualty Exam - PSI & ExamFX COMPLETE 2025 |QUESTIONS AND ANSWERS | 100% ACCURATE Flas…
a) It would automatically cover all losses as they
occur.
Which of the following
There is usually a minimum limit of liability the insured
statements is NOT true of
must carry & maintain on the basic policies, such as
a commercial umbrella
$1,000,000 for commercial risks. In addition, there are
liability policy?
usually retained limits (called a self-insured retention,
or SIR) that the insured must satisfy before the
umbrella policy will respond to certain kinds of losses.
c) Damage to pets, birds, or fish
Which of the following
perils is NOT covered the DP-2 covers perils caused by breakage of glass,
DP-2? weight of ice 7 snow, or falling objects. Not damage
to pets, birds or Fish
c) Medical Payment benefits are limited.
Which is NOT true of
workers compensation
Workers compensation medical payments are
coverages?
unlimited.
The garage coverage from b) Physical damage on a customer's auto
is written to cover the
insurance needs of an The garage policy has a care, custody and control
insured in the business of exclusion which would eliminate coverage for any
selling, repairing, damage to a customer's auto. This exposure would
servicing or storing need to be covered under a garagekeepers policy.
automobiles. Which of the
following coverages are
not included in a garage
policy?
b) Injuries to a member of the general public that
Which of the following occurs on premises
injuries under Coverage C
- Medical Payments of a Medical payments coverage makes payment of
commercial general necessary medical & first aid for injuries to third
liability policy? parties occurring on the insured premises,
regardless...
https://quizlet.com/1052127931/louisiana-property-casualty-exam-psi-examfx-complete-2025-questions-and-answers-100-accurate-flash-cards/?new 2/10
Louisiana Property & Casualty Exam - PSI &
ExamFX COMPLETE 2025 |QUESTIONS AND
ANSWERS | 100% ACCURATE
Save
Terms in this set (41)
b) 2 years
If a producer allows his
license to lapse, within Producers who allow their license to lapse may
what time period may the reinstate them same license within 2 years, upon proof
producer reinstate the of fulfilling all continuing education requirements
same license? through the date of reinstatement, & by paying all
overdue fees.
d) A full-time maid
Which of the following
would be eligible for
Medical payments on the HO policy cover costs
Homeowners Coverage F
incurred for up to three years after the accident.
- Medical Payments in the
Coverage does not apply to any insured or a regular
event of injury at the
resident of the premises, except resident employees
insured's premises?
not covered by workers compensation.
https://quizlet.com/1052127931/louisiana-property-casualty-exam-psi-examfx-complete-2025-questions-and-answers-100-accurate-flash-cards/?new 1/10
, 07/06/2025, 12:22 Louisiana Property & Casualty Exam - PSI & ExamFX COMPLETE 2025 |QUESTIONS AND ANSWERS | 100% ACCURATE Flas…
a) It would automatically cover all losses as they
occur.
Which of the following
There is usually a minimum limit of liability the insured
statements is NOT true of
must carry & maintain on the basic policies, such as
a commercial umbrella
$1,000,000 for commercial risks. In addition, there are
liability policy?
usually retained limits (called a self-insured retention,
or SIR) that the insured must satisfy before the
umbrella policy will respond to certain kinds of losses.
c) Damage to pets, birds, or fish
Which of the following
perils is NOT covered the DP-2 covers perils caused by breakage of glass,
DP-2? weight of ice 7 snow, or falling objects. Not damage
to pets, birds or Fish
c) Medical Payment benefits are limited.
Which is NOT true of
workers compensation
Workers compensation medical payments are
coverages?
unlimited.
The garage coverage from b) Physical damage on a customer's auto
is written to cover the
insurance needs of an The garage policy has a care, custody and control
insured in the business of exclusion which would eliminate coverage for any
selling, repairing, damage to a customer's auto. This exposure would
servicing or storing need to be covered under a garagekeepers policy.
automobiles. Which of the
following coverages are
not included in a garage
policy?
b) Injuries to a member of the general public that
Which of the following occurs on premises
injuries under Coverage C
- Medical Payments of a Medical payments coverage makes payment of
commercial general necessary medical & first aid for injuries to third
liability policy? parties occurring on the insured premises,
regardless...
https://quizlet.com/1052127931/louisiana-property-casualty-exam-psi-examfx-complete-2025-questions-and-answers-100-accurate-flash-cards/?new 2/10
