Final Exam Questions Property and Casualty - NJ STATE EXAM WITH STUDY GUIDE EXAMFX

Professional liability policies protect against liability resulting from - A. Errors and Omissions Page 46 Mini-Tail or Extended. Page 60 - B. 60 Days after expiration date Not an exclusion under auto physical damage selection. Page 28 - C. Carpools Not a covered territory in the personal auto policy. Page 25 - C. Mexico Which is covered under other than collision section of your auto policy. Page 26 - A. Hail damage to your car Nationwide Marine Define classifies risks can be written. Page 95 - B. Inland marine form Assignment provision of policy to another person without written consent page 51 - A. Get permission from insurance Not something of value exchanged policy. Page 13 - D. Application given to prospective insured The following are insured under auto policy EXCEPT. Page 38 - B. Spouse of name insured NOT living in household Occurrence form trigger based on. Page 17 - D. Date injury occurs Maximum coverage bodily injury offered by NJ Full Insurance Underwriting Association. Page 55 - D. $500,000.00 Duties of insurer include all of the following EXCEPT - B. Notify the insured if financial difficulty List of lines or classes of insurance for there exists no reasonable market among authorized insurers in the state. Page 61 - A. Exportable List Which of the following best describes an insurance company that has been formed in home state? Page 99 - Domestic Maximum penalty for the 1st violation of insurance law. Page 105