GA PROPERTY & CASUALTY QUESTIONS EXAM
Questions Latest 2023 (100% Verified Solutions)
109 Qs GRADED A+
The arbitration clause in a personal auto policy would be used in which of
the following circumstances?
A. The ins company and a pedestrian struck by the insured's auto cannot
reach an agreement regarding the settlement of a claim.
B. The insured and an injured 3rd party cannot reach an agreement
regarding the settlement of a claim.
C. The court have ruled against an injured 3th party. - correct answers ✅B.
The insured and an injured 3rd party cannot reach an agreement regarding
the settlement of a claim.
Which of the following bonds protects an employer fro the actions of
dishonest employees?
A. Surety
B. Fidelity - correct answers ✅B.Fidelity
A dwelling has been vacant for more than 60 consecutive days. Which of the
following would most likely NOT be covered?
,GA PROPERTY & CASUALTY QUESTIONS EXAM
Questions Latest 2023 (100% Verified Solutions)
109 Qs GRADED A+
A. Vandalism
B. Smoke
C. Fire
D. Falling Objects - correct answers ✅A. Vandalism
While in her backyard, Susan injuries her foot on a rake left by her
landscapers. What part of the CGL policy will protect the owner of the
landscaping company?
A. Operations exposure
B. Products Liability
C. Completed operations liability
D. Premises exposure - correct answers ✅A. Operations exposure
Premium computation is found in which section of the workers'
compensation policy?
,GA PROPERTY & CASUALTY QUESTIONS EXAM
Questions Latest 2023 (100% Verified Solutions)
109 Qs GRADED A+
A. Part 3
B. Part 5
C. Part 1
D. Part 2 - correct answers ✅B. Part 5
Once an injured employee has received benefits provided under workers'
compensation, that employee may not file a suit against her employer to
gain additional benefits. This is the def. of
A. Contributory negligence
B. the fellow servant rule
C. Assumption of risk
D. Exclusive remedy - correct answers ✅D. executive remedy
The purpose of the basic extended reporting period in a commercial general
liability (CGL) " claims-made" policy is to provide
, GA PROPERTY & CASUALTY QUESTIONS EXAM
Questions Latest 2023 (100% Verified Solutions)
109 Qs GRADED A+
A. additional time for the insured to make monthly reports of information
for rating purposes
B. coverage for events that have happened before the policy became
effective
C. coverage for events that happened up to 5yrs after a claims-made policy
has expired
D Coverage for events that have happened after the retroactive date, but
which were not within 60days of policy expiration - correct answers ✅D.
Coverage for events that have happened after the retroactive date, but
which were not within 60days of policy expiration
What is the purpose of the employer's liability section of a workers' comp
plicy ( part 2) ?
A. pay for lawsuits filed by an employer
B. Pay for benefits that are normally required by state workers' comp laws
C. Pa for 3rd-party claims filed against a negligent employer - correct
answers ✅B. Pay for benefits that are normally required by state workers'
comp laws
Questions Latest 2023 (100% Verified Solutions)
109 Qs GRADED A+
The arbitration clause in a personal auto policy would be used in which of
the following circumstances?
A. The ins company and a pedestrian struck by the insured's auto cannot
reach an agreement regarding the settlement of a claim.
B. The insured and an injured 3rd party cannot reach an agreement
regarding the settlement of a claim.
C. The court have ruled against an injured 3th party. - correct answers ✅B.
The insured and an injured 3rd party cannot reach an agreement regarding
the settlement of a claim.
Which of the following bonds protects an employer fro the actions of
dishonest employees?
A. Surety
B. Fidelity - correct answers ✅B.Fidelity
A dwelling has been vacant for more than 60 consecutive days. Which of the
following would most likely NOT be covered?
,GA PROPERTY & CASUALTY QUESTIONS EXAM
Questions Latest 2023 (100% Verified Solutions)
109 Qs GRADED A+
A. Vandalism
B. Smoke
C. Fire
D. Falling Objects - correct answers ✅A. Vandalism
While in her backyard, Susan injuries her foot on a rake left by her
landscapers. What part of the CGL policy will protect the owner of the
landscaping company?
A. Operations exposure
B. Products Liability
C. Completed operations liability
D. Premises exposure - correct answers ✅A. Operations exposure
Premium computation is found in which section of the workers'
compensation policy?
,GA PROPERTY & CASUALTY QUESTIONS EXAM
Questions Latest 2023 (100% Verified Solutions)
109 Qs GRADED A+
A. Part 3
B. Part 5
C. Part 1
D. Part 2 - correct answers ✅B. Part 5
Once an injured employee has received benefits provided under workers'
compensation, that employee may not file a suit against her employer to
gain additional benefits. This is the def. of
A. Contributory negligence
B. the fellow servant rule
C. Assumption of risk
D. Exclusive remedy - correct answers ✅D. executive remedy
The purpose of the basic extended reporting period in a commercial general
liability (CGL) " claims-made" policy is to provide
, GA PROPERTY & CASUALTY QUESTIONS EXAM
Questions Latest 2023 (100% Verified Solutions)
109 Qs GRADED A+
A. additional time for the insured to make monthly reports of information
for rating purposes
B. coverage for events that have happened before the policy became
effective
C. coverage for events that happened up to 5yrs after a claims-made policy
has expired
D Coverage for events that have happened after the retroactive date, but
which were not within 60days of policy expiration - correct answers ✅D.
Coverage for events that have happened after the retroactive date, but
which were not within 60days of policy expiration
What is the purpose of the employer's liability section of a workers' comp
plicy ( part 2) ?
A. pay for lawsuits filed by an employer
B. Pay for benefits that are normally required by state workers' comp laws
C. Pa for 3rd-party claims filed against a negligent employer - correct
answers ✅B. Pay for benefits that are normally required by state workers'
comp laws
