FL personal lines agent Exam Questions and Answer with Complete Solutions!!

Chubbie Chessmate, your personal auto insured has PIP coverage with a $500 deductible. Chubbie was in an auto accident and has $20,000 of medical expenses how much will Chubbie's insurance company pay her for her loss? - ANSWER_$10,000 The Commercial Property policy form Territory includes which of the following? - ANSWER_Canada, US, and Puerto Rico The Commercial Inland Marine "Mail Coverage" form covers a shipper for all risks against loss to property sent by: - ANSWER_registered, first class, certified, and express Two CGL policies are determined to apply to the same loss. The first policy has a $500,000 limit and the second policy has a $1,000,000 limit. If the insured is responsible for a $300,000 claim how much will each policy be responsible for if both policies have an Other Insurance provision which pays on a pro-rata basis? - ANSWER_they both pay $300,000 Which Homeowners policy form covers either an Owner Occupied or Tenant Occupied condo exposure? - ANSWER_HO-6 Your insured wants to make a change to her CGL policy you advise her.... - ANSWER_changes can be made by endorsement, in writing and must be agreed to by the insurance company _______________ provide direct delivery of comprehensive health services to members through employed physicians, with broad coverage, few exclusions, and small or nonexistent deductibles and coinsurance provisions - ANSWER_HMOs