CASUALTY PRODUCER 2026 STUDY GUIDE QUESTIONS
AND ANSWERS GRADED A+
✔✔When a PIP waiver is signed, there is... - ✔✔Medical payment coverage for listed
family members under 16
✔✔After a loss occurs to an insured automobile, what must an insured party do? -
✔✔Permit an insurer to inspect the vehicle before it is repaired
✔✔If an insured waives PIP coverage, what would be covered if an accident occurs? -
✔✔Passenger in vehicle
✔✔What is the designated symbol under the Trucker Section 1 for only owned
commercial autos? - ✔✔Symbol 43
✔✔When a PIP waiver is signed there is:
a. No medical payment, coverage for passengers in an insured's vehicle
b. Medical payment coverage for listed family members under the age of 16
c. No medical coverage for pedestrians struct by an insured 's vehicle
d. No coverage for family over the age of 16 - ✔✔b. Medical payment coverage for
listed family members under the age of 16
✔✔Defamation of one's character would be covered under which coverage (commercial
package policy)? - ✔✔Coverage B
✔✔Barbara was injured in a local supermarket's parking lot by a moving grocery cart
that hit her arm. This will be covered under which of the following:
a. Premises & operations
b. Occurrence liability
c. Claims-made liability
d. Premises liability - ✔✔A. Premises & operations
✔✔What is the basis for the Occurrence form trigger? - ✔✔Place where an injury or
damage occurred
✔✔Which of the following is not required in a Commercial General Liability coverage
part:
a. Causes of Loss form
b. Common Policy Conditions
c. CGL Declarations
d. One or more CGL forms - ✔✔a. Causes of Loss form
✔✔If a retroactive date is advanced, what is created in the coverage? - ✔✔A gap in
coverage
,✔✔What does Coverage B in a CGL cover? - ✔✔Inadvertent injury caused in the
course of advertising an insured's product.
✔✔What is excluded under Coverage A of a Commercial General Liability policy? -
✔✔Property damage owned by an insured and in their care, custody & control
✔✔If an insurance policy has an annual aggregate limit, what would be predetermined?
- ✔✔$ amount a policy will cover each year
✔✔A policy may be cancelled at any time for any reason by the insurer if the policy was
in effect for less than _____ days. - ✔✔60
✔✔What kind of claim refers to a company that shipped a product in faulty containers
which resulted in consumers becoming sick and then were sued? - ✔✔Product Liability
claim
✔✔Which of the following applies when supplementary payments are made in a liability
policy:
a. as part of the limit of liability
b. in addition to the limit of liability
c. at the option of the insurer
d. at the option of the insured - ✔✔b. in addition to the limit of liability
✔✔A producer writing business with a MAIF is required to have a bond with a penalty in
the amount of... - ✔✔$10,000
✔✔Personal Coverage Form Building, business personal property & the personal
property of others located at the insured's premises are which of the following
coverages:
a. are automatically included
b. are chosen individually
c. have equal limit of insurance
d. include general liability coverage - ✔✔b. are chosen individually
✔✔What does coverage B in a CGL cover? - ✔✔Inadvertant injury caused while
advertising an insurance product
✔✔________ injury occurs when an insured accidentally hurts another without an
actual physical injury - ✔✔advertising
✔✔Sander's publishing copied material from Banners' book. It made changes to the
cover, renamed the title & chapters, and then distributed it as if it was their product. How
, can a Commerical General Liability Policy cover this claim? - ✔✔It will NOT cover this
claim because it is due to copyright infringement.
✔✔Which coverage is considered "Good Will" for needed Medical expenses to third
parties? - ✔✔Coverage C
✔✔Barbara was injured in a local supermarket's parking lot by a moving grocery cart
that hit her arm. This will be covered under...
a. premises/ operations
b. occurrence liability
c. claims-made liability
d. premises liability - ✔✔a. premises/ operations
✔✔Todd was injured when he broke his molar on a rock that was in a box of cereal.
What type of exposure does this describe? - ✔✔Products Completed Operations
Exposure
✔✔Who does the Jones Act for Seamen cover? - ✔✔Must spend no less than 30% of
their time on a boat
✔✔What is unique about a qualified Jones Act Seaman? - ✔✔The seamen may sue
their employer for injuries obtained by their employers' fault
✔✔FELA is covered under which section of Worker's Comp? - ✔✔Section 2
✔✔Which of the following would have applied before state Worker's Comp laws were
enacted:
a. Workers had to sue for loss damages & provide proof of their employer's negligence
b. All work related injuries were covered
c. Payments were paid only for off the job injury
d. No payments for injuries were paid - ✔✔a. Workers had to sue for loss damages &
provide proof of their employer's negligence
✔✔A premium discount is applied to worker's comp when an insured owes a total
standard premium of more than ______. - ✔✔$5,000
✔✔What excess Workers Comp coverage requires a limit of 1 loss or losses from a
single occurrence? - ✔✔Specific Excess Coverage
✔✔If a workers comp or employee liability policy is longer than 1 year and ____ days,
all policy provisions apply like a new policy was issued on each annual anniversary
date. - ✔✔16
AND ANSWERS GRADED A+
✔✔When a PIP waiver is signed, there is... - ✔✔Medical payment coverage for listed
family members under 16
✔✔After a loss occurs to an insured automobile, what must an insured party do? -
✔✔Permit an insurer to inspect the vehicle before it is repaired
✔✔If an insured waives PIP coverage, what would be covered if an accident occurs? -
✔✔Passenger in vehicle
✔✔What is the designated symbol under the Trucker Section 1 for only owned
commercial autos? - ✔✔Symbol 43
✔✔When a PIP waiver is signed there is:
a. No medical payment, coverage for passengers in an insured's vehicle
b. Medical payment coverage for listed family members under the age of 16
c. No medical coverage for pedestrians struct by an insured 's vehicle
d. No coverage for family over the age of 16 - ✔✔b. Medical payment coverage for
listed family members under the age of 16
✔✔Defamation of one's character would be covered under which coverage (commercial
package policy)? - ✔✔Coverage B
✔✔Barbara was injured in a local supermarket's parking lot by a moving grocery cart
that hit her arm. This will be covered under which of the following:
a. Premises & operations
b. Occurrence liability
c. Claims-made liability
d. Premises liability - ✔✔A. Premises & operations
✔✔What is the basis for the Occurrence form trigger? - ✔✔Place where an injury or
damage occurred
✔✔Which of the following is not required in a Commercial General Liability coverage
part:
a. Causes of Loss form
b. Common Policy Conditions
c. CGL Declarations
d. One or more CGL forms - ✔✔a. Causes of Loss form
✔✔If a retroactive date is advanced, what is created in the coverage? - ✔✔A gap in
coverage
,✔✔What does Coverage B in a CGL cover? - ✔✔Inadvertent injury caused in the
course of advertising an insured's product.
✔✔What is excluded under Coverage A of a Commercial General Liability policy? -
✔✔Property damage owned by an insured and in their care, custody & control
✔✔If an insurance policy has an annual aggregate limit, what would be predetermined?
- ✔✔$ amount a policy will cover each year
✔✔A policy may be cancelled at any time for any reason by the insurer if the policy was
in effect for less than _____ days. - ✔✔60
✔✔What kind of claim refers to a company that shipped a product in faulty containers
which resulted in consumers becoming sick and then were sued? - ✔✔Product Liability
claim
✔✔Which of the following applies when supplementary payments are made in a liability
policy:
a. as part of the limit of liability
b. in addition to the limit of liability
c. at the option of the insurer
d. at the option of the insured - ✔✔b. in addition to the limit of liability
✔✔A producer writing business with a MAIF is required to have a bond with a penalty in
the amount of... - ✔✔$10,000
✔✔Personal Coverage Form Building, business personal property & the personal
property of others located at the insured's premises are which of the following
coverages:
a. are automatically included
b. are chosen individually
c. have equal limit of insurance
d. include general liability coverage - ✔✔b. are chosen individually
✔✔What does coverage B in a CGL cover? - ✔✔Inadvertant injury caused while
advertising an insurance product
✔✔________ injury occurs when an insured accidentally hurts another without an
actual physical injury - ✔✔advertising
✔✔Sander's publishing copied material from Banners' book. It made changes to the
cover, renamed the title & chapters, and then distributed it as if it was their product. How
, can a Commerical General Liability Policy cover this claim? - ✔✔It will NOT cover this
claim because it is due to copyright infringement.
✔✔Which coverage is considered "Good Will" for needed Medical expenses to third
parties? - ✔✔Coverage C
✔✔Barbara was injured in a local supermarket's parking lot by a moving grocery cart
that hit her arm. This will be covered under...
a. premises/ operations
b. occurrence liability
c. claims-made liability
d. premises liability - ✔✔a. premises/ operations
✔✔Todd was injured when he broke his molar on a rock that was in a box of cereal.
What type of exposure does this describe? - ✔✔Products Completed Operations
Exposure
✔✔Who does the Jones Act for Seamen cover? - ✔✔Must spend no less than 30% of
their time on a boat
✔✔What is unique about a qualified Jones Act Seaman? - ✔✔The seamen may sue
their employer for injuries obtained by their employers' fault
✔✔FELA is covered under which section of Worker's Comp? - ✔✔Section 2
✔✔Which of the following would have applied before state Worker's Comp laws were
enacted:
a. Workers had to sue for loss damages & provide proof of their employer's negligence
b. All work related injuries were covered
c. Payments were paid only for off the job injury
d. No payments for injuries were paid - ✔✔a. Workers had to sue for loss damages &
provide proof of their employer's negligence
✔✔A premium discount is applied to worker's comp when an insured owes a total
standard premium of more than ______. - ✔✔$5,000
✔✔What excess Workers Comp coverage requires a limit of 1 loss or losses from a
single occurrence? - ✔✔Specific Excess Coverage
✔✔If a workers comp or employee liability policy is longer than 1 year and ____ days,
all policy provisions apply like a new policy was issued on each annual anniversary
date. - ✔✔16
