Pearson VUE: Casualty Insurance Practice Exam|
newest|COMPREHENSIVE QUESTIONS AND
VERIFIED ANSWERS |FREQUENTLY MOST TESTED|
(100% accurate solutions)|ALREADY GRADED A+
A business insured under a Commercial General
Liability policy has a General Aggregate limit of
$1,000,000 and an Occurrence limit of $100,000. An
injured party is awarded $100,000. What limits will
remain available to the insured?
A.General Aggregate of $1,000,000; Occurrence
limit of $100,000
B.General Aggregate of $900,000; Occurrence limit
of $100,000
C.General Aggregate of $1,000,000; Occurrence
limit of $0
D.General Aggregate of $900,000; Occurrence limit
of $0 - ✔✔ANSWER✔✔>>B
,A business insured under a Commercial General
Liability policy has a General Aggregate limit of
$1,000,000 and an Occurrence limit of $100,000. An
injured party is awarded $100,000. What limits will
remain available to the insured?
A. General Aggregate of $1,000,000; Occurrence
limit of $100,000
B. General Aggregate of $900,000; Occurrence limit
of $100,000
C. General Aggregate of $1,000,000; Occurrence
limit of $0
D. General Aggregate of $900,000; Occurrence limit
of $0 - ✔✔ANSWER✔✔>>B
A Commercial General Liability policy provides
coverage for which of the following hazards?
A. Professional Liability
B. Employee Injury Liability
,C. Pollution Liability
D. Premises Liability - ✔✔ANSWER✔✔>>D
A legal obligation for injuries that are sustained due
to failure to perform a duty is known as:
A.Negligence
B.liability
C.physical hazard
D.claims payment - ✔✔ANSWER✔✔>>B
A legal obligation for injuries that are sustained due
to failure to perform a duty is known as:
A. negligence
B. liability
C. physical hazard
, D. claims payment - ✔✔ANSWER✔✔>>B
A person is acting negligently if they:
A. buy a sportscar
B. fail to act prudently
C. work at home
D. spend more than they earn -
✔✔ANSWER✔✔>>B
A policyholder would expect to find which of the
following information in the Insuring Agreement
section of an auto policy?
A. Bodily Injury limits of liability
B. The insurance company's promise to pay on the
behalf of the insured
C. Exclusions regarding certain uses of the auto
newest|COMPREHENSIVE QUESTIONS AND
VERIFIED ANSWERS |FREQUENTLY MOST TESTED|
(100% accurate solutions)|ALREADY GRADED A+
A business insured under a Commercial General
Liability policy has a General Aggregate limit of
$1,000,000 and an Occurrence limit of $100,000. An
injured party is awarded $100,000. What limits will
remain available to the insured?
A.General Aggregate of $1,000,000; Occurrence
limit of $100,000
B.General Aggregate of $900,000; Occurrence limit
of $100,000
C.General Aggregate of $1,000,000; Occurrence
limit of $0
D.General Aggregate of $900,000; Occurrence limit
of $0 - ✔✔ANSWER✔✔>>B
,A business insured under a Commercial General
Liability policy has a General Aggregate limit of
$1,000,000 and an Occurrence limit of $100,000. An
injured party is awarded $100,000. What limits will
remain available to the insured?
A. General Aggregate of $1,000,000; Occurrence
limit of $100,000
B. General Aggregate of $900,000; Occurrence limit
of $100,000
C. General Aggregate of $1,000,000; Occurrence
limit of $0
D. General Aggregate of $900,000; Occurrence limit
of $0 - ✔✔ANSWER✔✔>>B
A Commercial General Liability policy provides
coverage for which of the following hazards?
A. Professional Liability
B. Employee Injury Liability
,C. Pollution Liability
D. Premises Liability - ✔✔ANSWER✔✔>>D
A legal obligation for injuries that are sustained due
to failure to perform a duty is known as:
A.Negligence
B.liability
C.physical hazard
D.claims payment - ✔✔ANSWER✔✔>>B
A legal obligation for injuries that are sustained due
to failure to perform a duty is known as:
A. negligence
B. liability
C. physical hazard
, D. claims payment - ✔✔ANSWER✔✔>>B
A person is acting negligently if they:
A. buy a sportscar
B. fail to act prudently
C. work at home
D. spend more than they earn -
✔✔ANSWER✔✔>>B
A policyholder would expect to find which of the
following information in the Insuring Agreement
section of an auto policy?
A. Bodily Injury limits of liability
B. The insurance company's promise to pay on the
behalf of the insured
C. Exclusions regarding certain uses of the auto
