NC Adjuster Exam (3) Complete 2023 Graded A+

Robbery involves all of the following, EXCEPT: A. The presence of the insured B. Criminal intent C. A threat of violence D. Burglary - Correct Answer D. Burglary Under the "Loss Sustained" Crime Insurance form, there is coverage while the policy is in force and for up to: A. 6 months after the policy expires B. One year after the policy expires C. 60 days after the policy expires D. 30 days after the policy expires - Correct Answer B. One year after the policy expires Crime insurance terminology refers to an employee of the company, having custody of insured property off the insured premises, as: A. An insured property executive B. A messenger C. A scheduled executive D. A custodian - Correct Answer B. A messenger Under the "Discovery" Crime insurance form, there is coverage while the policy is in force and for up to: A. 60 days after the policy expires B. 30 days after the policy expires C. 6 months after the policy expires D. One year after the policy expires - Correct Answer A. 60 days after the policy expires The "forcible entry into locked premises and the carrying away of property belonging to others" is part of the definition of: A. Theft B. Burglary C. Robbery D. Mysterious disappearance - Correct Answer B. Burglary Which of the following "Commercial Crime Insuring Agreements" would cover theft of currency?