ADB P&C COMP EXAM
Which of the following prevents recovery for injuries caused by a negligent party if the
claimant was also negligent ? - Answers -A Gross negligence B Comparative
negligence C Contributory negligence D Absolute liability
C
In what kind of state is Workers ' Compensation insurance available only through a state
- operated fund ? - Answers -A Elective B Compulsory C Competitive D Monopolistic
D
Professionals who commonly obtain a Professional Liability policy include all of the
following , except : - Answers -A Lawyers B Insurance agents C Small business owners
D Medical professionals
C
In the event a company's records are destroyed , the Accounts Receivable Coverage
Form would cover uncollectable sums if the loss resulting from which of the following
perils ? - Answers -A Bookkeeping or accounting errors B Theft C Arson committed by
an employee D Falsification of records
B
After an accident that causes bodily injury , Section II of a Homeowners policy will cover
the costs of first aid provided to all of the following parties , except : - Answers -A A
guest injured on the residence premises B An insured injured on the residence
premises C A person injured by the insured's dog D A neighbor injured on the residence
premises
B
After a direct physical loss , the Valuable Papers and Records Coverage Extension on a
Businessowners policy provides coverage for : - Answers -A Damage to property in
storage off the insured premises B Damage to samples C The cost to research , replace
, or restore lost information D Damage to property held for delivery after sale
C
O 02:56:03 Under a Commercial General Liability policy , all of the following statements
about the supplemental extended reporting period are correct , except : - Answers -A
Which of the following prevents recovery for injuries caused by a negligent party if the
claimant was also negligent ? - Answers -A Gross negligence B Comparative
negligence C Contributory negligence D Absolute liability
C
In what kind of state is Workers ' Compensation insurance available only through a state
- operated fund ? - Answers -A Elective B Compulsory C Competitive D Monopolistic
D
Professionals who commonly obtain a Professional Liability policy include all of the
following , except : - Answers -A Lawyers B Insurance agents C Small business owners
D Medical professionals
C
In the event a company's records are destroyed , the Accounts Receivable Coverage
Form would cover uncollectable sums if the loss resulting from which of the following
perils ? - Answers -A Bookkeeping or accounting errors B Theft C Arson committed by
an employee D Falsification of records
B
After an accident that causes bodily injury , Section II of a Homeowners policy will cover
the costs of first aid provided to all of the following parties , except : - Answers -A A
guest injured on the residence premises B An insured injured on the residence
premises C A person injured by the insured's dog D A neighbor injured on the residence
premises
B
After a direct physical loss , the Valuable Papers and Records Coverage Extension on a
Businessowners policy provides coverage for : - Answers -A Damage to property in
storage off the insured premises B Damage to samples C The cost to research , replace
, or restore lost information D Damage to property held for delivery after sale
C
O 02:56:03 Under a Commercial General Liability policy , all of the following statements
about the supplemental extended reporting period are correct , except : - Answers -A
