Commercial Casualty II Exam
Questions and Answers 100%
Pass
accident -
Answer: An event or continuous or repeated exposure to the same conditions
resulting in bodily injury or property damage
Question: auto -
Answer: A land motor vehicle; "trailer" or semitrailer designed for travel on public
roads; or any other land vehicle that is subject to a compulsory or financial
responsibility law or other motor vehicle insurance law where it is licensed or
principally garaged. An auto does not include "mobile equipment."
Question: bodily injury -
Answer: Injury, sickness, or death sustained by a person
, Question: concurrency -
Answer: When the dates of an Excess/Umbrella policy and an underlying policy
or policies are the same
Question: conditions -
Answer: The rules of a contract for an insured and insurance company
Question: coverage territory -
Answer: The geographic area where insurance applies
Question: Declarations -
Answer: The part of a policy that shows the who, what, when, and where
Question: deductible -
Answer: The amount the insurance company reduces its payment for a loss; it is
shown in the Declarations for each coverage
Questions and Answers 100%
Pass
accident -
Answer: An event or continuous or repeated exposure to the same conditions
resulting in bodily injury or property damage
Question: auto -
Answer: A land motor vehicle; "trailer" or semitrailer designed for travel on public
roads; or any other land vehicle that is subject to a compulsory or financial
responsibility law or other motor vehicle insurance law where it is licensed or
principally garaged. An auto does not include "mobile equipment."
Question: bodily injury -
Answer: Injury, sickness, or death sustained by a person
, Question: concurrency -
Answer: When the dates of an Excess/Umbrella policy and an underlying policy
or policies are the same
Question: conditions -
Answer: The rules of a contract for an insured and insurance company
Question: coverage territory -
Answer: The geographic area where insurance applies
Question: Declarations -
Answer: The part of a policy that shows the who, what, when, and where
Question: deductible -
Answer: The amount the insurance company reduces its payment for a loss; it is
shown in the Declarations for each coverage
