AD BANKER LATEST
PROPERTY &
CASUALTY
PRACTICE TEST
Which of the following defenses against negligence prevents recovery
for injuries caused by a negligent party if the claimant was also
negligent?
A. Contributory Negligence
B. Comparative Negligence
C. Intervening Cause
D. Assumption of Risk - ANSWERS-Contributory Negligence
What is the principle of liability that imposes legal liability for injury
and damage by products?
A. Absolute liability
B. Professional liability
C. Contingent liability
D. Strict liability - ANSWERS-Strict liability
END OF
PAGE
1
, AD BANKER LATEST
PROPERTY &
CASUALTY
PRACTICE TEST
Personal injury liability includes which of the following?
A. Medical payments
B. Sickness and disease
C. Theft
D. Libel and slander - ANSWERS-Libel and slander
Policyholder M insures her owner-occupied single family residence
under a dwelling property policy (DP-3) with a limit of $100,000. If the
dwelling is damaged in a fire, what policy coverage will pay for M's
extra costs to stay in a motel and board her pets while the fire damage is
being repaired?
A. Coverage C
B. Coverage D
C. Coverage B
D. Coverage E - ANSWERS-Coverage E
END OF
PAGE
2
, AD BANKER LATEST
PROPERTY &
CASUALTY
PRACTICE TEST
The Basic (DP-1) Dwelling Form does not include which coverage?
A. Fair rental value
B. Worldwide coverage on personal property with a limit up to 10% of
Coverage C
C. Additional living expenses
D. Property removed to a newly acquired residence for 30 days or policy
expiration, whichever occurs sooner - ANSWERS-Additional living
expenses
After a lightning storm, the electrical transformer in B's town fails and
she has no electricity for 3 days. The damage caused by the loss of
electricity:
A. Is covered for the Coverage A amount
B. Is limited to 10% Coverage A
C. Is not covered
END OF
PAGE
3
PROPERTY &
CASUALTY
PRACTICE TEST
Which of the following defenses against negligence prevents recovery
for injuries caused by a negligent party if the claimant was also
negligent?
A. Contributory Negligence
B. Comparative Negligence
C. Intervening Cause
D. Assumption of Risk - ANSWERS-Contributory Negligence
What is the principle of liability that imposes legal liability for injury
and damage by products?
A. Absolute liability
B. Professional liability
C. Contingent liability
D. Strict liability - ANSWERS-Strict liability
END OF
PAGE
1
, AD BANKER LATEST
PROPERTY &
CASUALTY
PRACTICE TEST
Personal injury liability includes which of the following?
A. Medical payments
B. Sickness and disease
C. Theft
D. Libel and slander - ANSWERS-Libel and slander
Policyholder M insures her owner-occupied single family residence
under a dwelling property policy (DP-3) with a limit of $100,000. If the
dwelling is damaged in a fire, what policy coverage will pay for M's
extra costs to stay in a motel and board her pets while the fire damage is
being repaired?
A. Coverage C
B. Coverage D
C. Coverage B
D. Coverage E - ANSWERS-Coverage E
END OF
PAGE
2
, AD BANKER LATEST
PROPERTY &
CASUALTY
PRACTICE TEST
The Basic (DP-1) Dwelling Form does not include which coverage?
A. Fair rental value
B. Worldwide coverage on personal property with a limit up to 10% of
Coverage C
C. Additional living expenses
D. Property removed to a newly acquired residence for 30 days or policy
expiration, whichever occurs sooner - ANSWERS-Additional living
expenses
After a lightning storm, the electrical transformer in B's town fails and
she has no electricity for 3 days. The damage caused by the loss of
electricity:
A. Is covered for the Coverage A amount
B. Is limited to 10% Coverage A
C. Is not covered
END OF
PAGE
3
