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Exam (elaborations)

MISSISSIPPI INSURANCE TEST QUESTIONS AND ANSWERS

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MISSISSIPPI INSURANCE TEST QUESTIONS AND ANSWERS

Institution
Mississippi Life And Health Insurance
Course
Mississippi Life and Health Insurance











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Institution
Mississippi Life and Health Insurance
Course
Mississippi Life and Health Insurance

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Uploaded on
September 20, 2024
Number of pages
47
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

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1-176 of 176




Which of the following losses would not be covered under section II of the
homeowner's policy


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Named insured's son damages the family garage with his car

,Workers' compensation total disability benefits are retroactive to the start of disability
if the disability continues for


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2 weeks




Producers must notify the Commissioner of an administrative action taken against the
producer within how many days after final disposition of the matter?


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30 days




The term occupying means all of the following EXCEPT


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Owning a vehicle




Which peril policy insures a property against all perils specifically listed in the policy?


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Named peril policy

,The Commissioner of Insurance in Mississippi is elected to office for a term of


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4 years




Failure to use care that is required to protect another person or property from harm is


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Negligence




Mike and Judy receive a letter from their insurance company advising them that their
policy would be cancelled for nonpayment of premium in 5 days. Is this an effective
notice of cancellation


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No, the company must give a 10-day written notice




The insured's CGL coverage form covers bodily injury and property damage for which
a claim is first made during the policy period. This is an example of what type CGL
form


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, Claims-made




Which dispute method takes place when the insured and insurance company cannot
agree on the amount to be paid by the uninsured or underinsured motorist coverage


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Arbitration




The Johnson family home is covered by DP-3. When a fire destroys the home, they are
forced to live in a hotel for two months. What coverage would reimburse them for the
hotel, dining, laundry, and transportation expenses during the two months?


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Coverage E




A policy written to cover personal property only would be which homeowner's form


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HO3




Allison's auto insurance policy is due on the 10th of each month. Ever since she has
had the policy, she has sent the premium in on the 16th of the month. The insurer has

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