chapter 11 Rmin Exam Questions and
Answers Graded A+
All EXCEPT which of the following is considered a commercial property
exposure? - Correct answer-Contents of your residential home
Workers compensation is commonly categorized as either - Correct answer-A
liability exposure or a group benefits exposure
Which of the following is a group benefit (not including Social Security benefits)
that some employers are required, by law, to provide to their employees? - Correct
answer-Health insurance
Insurance that covers the "city hall" building would fall under what common
categorization of insurance? - Correct answer-Public insurance
Which types of insurers make up the majority of insurers in the US? - Correct
answer-Stock and mutual
One type of insurer involves members pooling their premiums to jointly insure
each other? Which type of insurer best fits this description? - Correct answer-
Reciprocals
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
Answers Graded A+
All EXCEPT which of the following is considered a commercial property
exposure? - Correct answer-Contents of your residential home
Workers compensation is commonly categorized as either - Correct answer-A
liability exposure or a group benefits exposure
Which of the following is a group benefit (not including Social Security benefits)
that some employers are required, by law, to provide to their employees? - Correct
answer-Health insurance
Insurance that covers the "city hall" building would fall under what common
categorization of insurance? - Correct answer-Public insurance
Which types of insurers make up the majority of insurers in the US? - Correct
answer-Stock and mutual
One type of insurer involves members pooling their premiums to jointly insure
each other? Which type of insurer best fits this description? - Correct answer-
Reciprocals
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
