P&C Exam Questions correctly
answered 100% passed
Under workers compensation, experience modification factor is based on - correct answer
✔✔The statewide average rate
What type of liability is based on a product being unreasonably dangerous? - correct answer
✔✔Strict
Which of the following is the purpose of the property and casualty insurance guaranty fund in
Pennsylvania? - correct answer ✔✔Avoid excessive delay in payment
Endorsements are used to alter coverage and to provide additional coverage for which two
sections of a businessowners policy? - correct answer ✔✔Property & Liability
Another term for an indirect loss is - correct answer ✔✔A consequential loss
A producer's actions or deeds demonstrate what kind of authority? - correct answer
✔✔Apparent
To be eligible for wage benefits under a workers compensation policy in Pennsylvania, an
employee must be incapable of earning full wages for at least how many days? - correct answer
✔✔7
Which of the following is covered under the builder's risk coverage form? - correct answer ✔✔A
contractor's tools
answered 100% passed
Under workers compensation, experience modification factor is based on - correct answer
✔✔The statewide average rate
What type of liability is based on a product being unreasonably dangerous? - correct answer
✔✔Strict
Which of the following is the purpose of the property and casualty insurance guaranty fund in
Pennsylvania? - correct answer ✔✔Avoid excessive delay in payment
Endorsements are used to alter coverage and to provide additional coverage for which two
sections of a businessowners policy? - correct answer ✔✔Property & Liability
Another term for an indirect loss is - correct answer ✔✔A consequential loss
A producer's actions or deeds demonstrate what kind of authority? - correct answer
✔✔Apparent
To be eligible for wage benefits under a workers compensation policy in Pennsylvania, an
employee must be incapable of earning full wages for at least how many days? - correct answer
✔✔7
Which of the following is covered under the builder's risk coverage form? - correct answer ✔✔A
contractor's tools
