IDAHO PROPERTY AND CASUALTY
Prep Exam 3 Questions With 100% Correct
Answers Latest Grade A+
Which Ocean Marine insurance provision protects against direct damage caused by
bursting of boilers?
A
Boiler & Machinery Clause
B
Inchmaree Clause
C
,Mechanical Failure Clause
D
Running Down Clause
Correct Answer: B
Bodily Injury may include which of the following?
A
Loss of Earnings
B
Slander
C
Invasion of Privacy
D
False Arrest
Correct Answer: A
Which of the following covers an employee in a position of private trust and protects an
employer against loss caused by the employee's dishonesty.
A
Performance bond
B
Fidelity bond
,C
Lender's bond
D
License bond
Correct Answer: B
Which of the following is correct regarding products liability under the CGL?
A
Coverage applies to the bodily injury (BI) and property damage (PD) the product
causes, but not to the product itself
B
Products liability coverage commences immediately upon sale of the product, before the
purchaser leaves the insured's premises
C
Products liability coverage includes dram shop liability insurance
D
Coverage applies to BI and PD caused by the product, and to damage to the product
itself once in the purchaser's care, custody and control
Correct Answer: A
Notice of premium or coverage changes must be sent out with days' notice.
A
, 21
B
25
C
14
D
30
Correct Answer: D
All of the following are covered perils under the Extended Coverage Endorsement to the
DP-1, except:
A
Vehicles
B
Weight of ice, snow or sleet
C
Windstorm
D
Volcanic eruption
Correct Answer: B
Which statement is true concerning Coverage D of the Homeowners Policy?
A
Prep Exam 3 Questions With 100% Correct
Answers Latest Grade A+
Which Ocean Marine insurance provision protects against direct damage caused by
bursting of boilers?
A
Boiler & Machinery Clause
B
Inchmaree Clause
C
,Mechanical Failure Clause
D
Running Down Clause
Correct Answer: B
Bodily Injury may include which of the following?
A
Loss of Earnings
B
Slander
C
Invasion of Privacy
D
False Arrest
Correct Answer: A
Which of the following covers an employee in a position of private trust and protects an
employer against loss caused by the employee's dishonesty.
A
Performance bond
B
Fidelity bond
,C
Lender's bond
D
License bond
Correct Answer: B
Which of the following is correct regarding products liability under the CGL?
A
Coverage applies to the bodily injury (BI) and property damage (PD) the product
causes, but not to the product itself
B
Products liability coverage commences immediately upon sale of the product, before the
purchaser leaves the insured's premises
C
Products liability coverage includes dram shop liability insurance
D
Coverage applies to BI and PD caused by the product, and to damage to the product
itself once in the purchaser's care, custody and control
Correct Answer: A
Notice of premium or coverage changes must be sent out with days' notice.
A
, 21
B
25
C
14
D
30
Correct Answer: D
All of the following are covered perils under the Extended Coverage Endorsement to the
DP-1, except:
A
Vehicles
B
Weight of ice, snow or sleet
C
Windstorm
D
Volcanic eruption
Correct Answer: B
Which statement is true concerning Coverage D of the Homeowners Policy?
A
