CA Personal Lines Exam 5 – Questions With
Comprehensive Solutions
Save
Terms in this set (75)
What gives an insured party the right Tort law.
to seek compensation if it is proven
that another person with negligence
contributed to the injury?
Who do surplus lines brokers conduct Transact business only with non-admitted insurers.
business with?
What is an insurer's option when Return stolen property to the address show in the
making a loss settlement with the policy.
insured under a personal auto policy?
What steps need to be taken to The licensee needs to give written notice of intent to
terminate a licensee's license that is in the insurance commissioner.
the possession of an employer?
What will happen when an agent's The agent's permanent license becomes inactive.
appointment to an insurance company
is terminated and the agent has no
other appointments with any other
insurance company?
What is covered by a building and A light pole.
personal property coverage form
(BPP)?
, A physician may have misdiagnosed a Professional liability.
patient for terminal cancer. What type
of insurance would protect the
physician for this type of mistake?
What is one of the principle rating Safety driving record.
factors under Proposition 1-3 allowed
for personal auto policies?
What coverage is available under the Liability, medical payments, and uninsured motorist.
named non-owner coverage
endorsement?
What would be a compensation Compensation for time away from work.
considered special damages?
All of the following are mandatory - Extra expense coverage
coverage's of a business owner's - Building coverage
policy: - Business income coverage
An agent who diverts premium dollars Theft.
for the agent's own use is guilty of
what?
Every admitted insurer in the state of Possible fraudulent claims made by the insured's.
California is required to maintain a unit
or division to investigate what?
What would be considered special Lost wages.
damages?
What is a common policy condition Inspections and surveys.
for a commercial package policy?
Insurance which covers ship owners Protection and indemnity insurance.
against vicarious liability claims due to
operating the insured vessel is:
Comprehensive Solutions
Save
Terms in this set (75)
What gives an insured party the right Tort law.
to seek compensation if it is proven
that another person with negligence
contributed to the injury?
Who do surplus lines brokers conduct Transact business only with non-admitted insurers.
business with?
What is an insurer's option when Return stolen property to the address show in the
making a loss settlement with the policy.
insured under a personal auto policy?
What steps need to be taken to The licensee needs to give written notice of intent to
terminate a licensee's license that is in the insurance commissioner.
the possession of an employer?
What will happen when an agent's The agent's permanent license becomes inactive.
appointment to an insurance company
is terminated and the agent has no
other appointments with any other
insurance company?
What is covered by a building and A light pole.
personal property coverage form
(BPP)?
, A physician may have misdiagnosed a Professional liability.
patient for terminal cancer. What type
of insurance would protect the
physician for this type of mistake?
What is one of the principle rating Safety driving record.
factors under Proposition 1-3 allowed
for personal auto policies?
What coverage is available under the Liability, medical payments, and uninsured motorist.
named non-owner coverage
endorsement?
What would be a compensation Compensation for time away from work.
considered special damages?
All of the following are mandatory - Extra expense coverage
coverage's of a business owner's - Building coverage
policy: - Business income coverage
An agent who diverts premium dollars Theft.
for the agent's own use is guilty of
what?
Every admitted insurer in the state of Possible fraudulent claims made by the insured's.
California is required to maintain a unit
or division to investigate what?
What would be considered special Lost wages.
damages?
What is a common policy condition Inspections and surveys.
for a commercial package policy?
Insurance which covers ship owners Protection and indemnity insurance.
against vicarious liability claims due to
operating the insured vessel is:
