NJ PSI Property and Casualty Exam
|Questions with 100% Correct Answers
The National Flood Insurance Program (NFIP) is a ________ program?
A. State.
B. Municipal.
C. Federal.
D. Worldwide. - ✔ ✔ C. Federal.
All of the following are optional coverage's under Homeowners policies
except? A. Personal Property Replacement Cost coverage.
B. Increased coverage limits from items suck as jewelry, furs, and silverware.
C. Loss of Use coverage.
D. Earthquake coverage. - ✔ ✔ C. Loss of Use Coverage.
The National Flood Insurance Program (NFIP) standards are set by, and
the Program is administered by, the?
A. National Flood Management Association (NFMA)
B. National Emergency Standards Agency (NESA)
C. Federal Flood Coverage Association (FFCA)
D. Federal Emergency Management Agency (FEMA) - ✔ ✔ D. Federal
Emergency Management Agency (FEMA)
, Under Homeowners policies, which of the following is/are considered optional
property coverage endorsement(s)?
A. Earthquake.
B. Fine Arts.
C. Replacement Cost coverage on personal property.
D. All of the above. - ✔ ✔ D. All of the above.
Under an NFIP Flood policy, flood is broadly defined as all of the following except?
A. The overflow of inland or tidal waters.
B. Mudflow, a river of liquid and flowing mud on the surfaces of normally dry
land area, as when earth is carried by a current of water.
C. Heavy, driving sheets of wind blown rain.
D. The collapse of subsidence of land along the shore of a lake or similar body of
water as a result of erosion or undermining caused by waves or currents of
water exceeding anticipated cyclical levels that result in a flood. - ✔ ✔ C. Heavy,
driving sheets of wind blown rain.
Under an NFIP Flood policy, in most cases the waiting period before a new policy
can be made effective is?
A. 10 days.
B. 20 days.
C. 30 days.
D. 60 days. - ✔ ✔ C. 30 days.
If your baby sitter falls down the stairs in your home and breaks her leg, her
injury will be covered by?
|Questions with 100% Correct Answers
The National Flood Insurance Program (NFIP) is a ________ program?
A. State.
B. Municipal.
C. Federal.
D. Worldwide. - ✔ ✔ C. Federal.
All of the following are optional coverage's under Homeowners policies
except? A. Personal Property Replacement Cost coverage.
B. Increased coverage limits from items suck as jewelry, furs, and silverware.
C. Loss of Use coverage.
D. Earthquake coverage. - ✔ ✔ C. Loss of Use Coverage.
The National Flood Insurance Program (NFIP) standards are set by, and
the Program is administered by, the?
A. National Flood Management Association (NFMA)
B. National Emergency Standards Agency (NESA)
C. Federal Flood Coverage Association (FFCA)
D. Federal Emergency Management Agency (FEMA) - ✔ ✔ D. Federal
Emergency Management Agency (FEMA)
, Under Homeowners policies, which of the following is/are considered optional
property coverage endorsement(s)?
A. Earthquake.
B. Fine Arts.
C. Replacement Cost coverage on personal property.
D. All of the above. - ✔ ✔ D. All of the above.
Under an NFIP Flood policy, flood is broadly defined as all of the following except?
A. The overflow of inland or tidal waters.
B. Mudflow, a river of liquid and flowing mud on the surfaces of normally dry
land area, as when earth is carried by a current of water.
C. Heavy, driving sheets of wind blown rain.
D. The collapse of subsidence of land along the shore of a lake or similar body of
water as a result of erosion or undermining caused by waves or currents of
water exceeding anticipated cyclical levels that result in a flood. - ✔ ✔ C. Heavy,
driving sheets of wind blown rain.
Under an NFIP Flood policy, in most cases the waiting period before a new policy
can be made effective is?
A. 10 days.
B. 20 days.
C. 30 days.
D. 60 days. - ✔ ✔ C. 30 days.
If your baby sitter falls down the stairs in your home and breaks her leg, her
injury will be covered by?
