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Louisiana Property & Casualty Exam - PSI & ExamFX 2025 complete exam set questions and answers MULTIPLE CHOICES and RATIONALES |100% Passed!!

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Louisiana Property & Casualty Exam - PSI & ExamFX 2025 complete exam set questions and answers MULTIPLE CHOICES and RATIONALES |100% Passed!!

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2/10/25, 9:34 PM Louisiana Property & Casualty Exam - PSI & ExamFX 2025 complete exam set questions and answers MULTIPLE CHOICES …




Louisiana Property & Casualty Exam - PSI &
ExamFX 2025 complete exam set questions and
answers MULTIPLE CHOICES and RATIONALES
|100% Passed!!

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Terms in this set (41)


b) 2 years
If a producer allows his
license to lapse, within Producers who allow their license to lapse may
what time period may the reinstate them same license within 2 years, upon
producer reinstate the proof of fulfilling all continuing education
same license? requirements through the date of reinstatement, &
by paying all overdue fees.

d) A full-time maid
Which of the following
would be eligible for
Medical payments on the HO policy cover costs
Homeowners Coverage F
incurred for up to three years after the accident.
- Medical Payments in the
Coverage does not apply to any insured or a regular
event of injury at the
resident of the premises, except resident employees
insured's premises?
not covered by workers compensation.




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, 2/10/25, 9:34 PM Louisiana Property & Casualty Exam - PSI & ExamFX 2025 complete exam set questions and answers MULTIPLE CHOICES …


a) It would automatically cover all losses as they
occur.


Which of the following There is usually a minimum limit of liability the
statements is NOT true of insured must carry & maintain on the basic policies,
a commercial umbrella such as $1,000,000 for commercial risks. In addition,
liability policy? there are usually retained limits (called a self-insured
retention, or SIR) that the insured must satisfy before
the umbrella policy will respond to certain kinds of
losses.

c) Damage to pets, birds, or fish
Which of the following
perils is NOT covered the DP-2 covers perils caused by breakage of glass,
DP-2? weight of ice 7 snow, or falling objects. Not damage
to pets, birds or Fish

c) Medical Payment benefits are limited.
Which is NOT true of
workers compensation
Workers compensation medical payments are
coverages?
unlimited.

The garage coverage b) Physical damage on a customer's auto
from is written to cover
the insurance needs of an The garage policy has a care, custody and control
insured in the business of exclusion which would eliminate coverage for any
selling, repairing, damage to a customer's auto. This exposure would
servicing or storing need to be covered under a garagekeepers policy.
automobiles. Which of
the following coverages
are not included in a
garage policy?

b) Injuries to a member of the general public that
Which of the following occurs on premises
injuries under Coverage
C - Medical Payments of Medical payments coverage makes payment of
a commercial general necessary medical & first aid for injuries to third
liability policy? parties occurring on the insured premises,
regardless...



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