3/16/25, 11:36 AM CPCU 552, CP&L FINAL EXAM
CPCU 552, CP&L FINAL EXAM
CPCU 552, CP&L FINAL EXAM NEWEST 2025 ACTUAL EXAM
COMPLETE 140 QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW
VERSION!!
n July of 2010 the Dodd- Abolishment of the Troubled Asset Relief Program
Frank Act was passed in (TARP).
response to the public's
demand for improvements
in financial systems and to
curb abusive Wall Street
practices. A significant
provision of the Dodd-
Frank Act was the
The supplemental The supplemental payments section of the
payments section of the Commercial General Liability coverage form is most
Commercial General correctly defined as specified costs the insurer will
Liability coverage form is pay as part of any claim the insurer investigates or
most correctly defined as defends under Coverage A or B
Which one of the Both claims-made coverage triggers and occurrence
following statements coverage triggers are available, but occurrence
about coverage triggers in coverage triggers are more appropriate for some
cyber risk insurance insuring agreements than for others
policies is most accurate?
/ 1/70
,3/16/25, 11:36 AM CPCU 552, CP&L FINAL EXAM
According to the A make-available provision
Terrorism Risk Insurance
Act (TRIA), one of the two
required conditions that
an insurer must meet at
the time of an initial offer,
purchase, and renewal of
insurance is the disclosure
of the premium for
terrorism coverage. What
is the other condition
Acme Insurance cannot Jill and Acme will share the cost of the umpire.
agree with insured Jill
Jenkins on the amount of a
covered physical damage
loss under Jill's Business
Auto Coverage Form. Jill
requested an appraisal.
Acme and Jill each
appoint an appraiser, and
the appraisers appoint an
umpire. An award in
writing signed by any two
of the three binds both
Acme and Jill. One
appraiser and the umpire
ruled for Jill and against
Acme. Which one of the
following statements is
true regarding this
scenario?
/ 2/70
,3/16/25, 11:36 AM CPCU 552, CP&L FINAL EXAM
Matthew Jones, the named Paul is not covered because employees are not
insured under an insured while using their own autos in the named
unendorsed Business Auto insured's business.
Coverage Form (BACF),
requires his employees to
use their own cars for
business purposes. One of
Matthew's employees,
Paul, causes an accident
while driving his own truck
for the business. Matthew's
BACF shows symbol 1 for
liability coverage. Which
one of the following
correctly indicates
whether Paul is an insured
under the policy for the
accident?
/ 3/70
, 3/16/25, 11:36 AM CPCU 552, CP&L FINAL EXAM
ABC Corporation is Coverage for this claim would not be covered by
insured under a standard ABC's insurance.
unendorsed workers
compensation policy for
only the state of Florida.
Three months before the
present policy began,
ABC opened a sales office
in Georgia due to business
volume growing in that
state. ABC failed to report
the new location and new
state at policy inception.
The manager of the
Georgia office fell and
was injured and missed
work for three weeks after
the inception of the ABC
policy. The manager made
claim for Georgia benefits.
Which one of the
following is true regarding
ABC's coverage for
Georgia benefits?
/ 4/70
CPCU 552, CP&L FINAL EXAM
CPCU 552, CP&L FINAL EXAM NEWEST 2025 ACTUAL EXAM
COMPLETE 140 QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW
VERSION!!
n July of 2010 the Dodd- Abolishment of the Troubled Asset Relief Program
Frank Act was passed in (TARP).
response to the public's
demand for improvements
in financial systems and to
curb abusive Wall Street
practices. A significant
provision of the Dodd-
Frank Act was the
The supplemental The supplemental payments section of the
payments section of the Commercial General Liability coverage form is most
Commercial General correctly defined as specified costs the insurer will
Liability coverage form is pay as part of any claim the insurer investigates or
most correctly defined as defends under Coverage A or B
Which one of the Both claims-made coverage triggers and occurrence
following statements coverage triggers are available, but occurrence
about coverage triggers in coverage triggers are more appropriate for some
cyber risk insurance insuring agreements than for others
policies is most accurate?
/ 1/70
,3/16/25, 11:36 AM CPCU 552, CP&L FINAL EXAM
According to the A make-available provision
Terrorism Risk Insurance
Act (TRIA), one of the two
required conditions that
an insurer must meet at
the time of an initial offer,
purchase, and renewal of
insurance is the disclosure
of the premium for
terrorism coverage. What
is the other condition
Acme Insurance cannot Jill and Acme will share the cost of the umpire.
agree with insured Jill
Jenkins on the amount of a
covered physical damage
loss under Jill's Business
Auto Coverage Form. Jill
requested an appraisal.
Acme and Jill each
appoint an appraiser, and
the appraisers appoint an
umpire. An award in
writing signed by any two
of the three binds both
Acme and Jill. One
appraiser and the umpire
ruled for Jill and against
Acme. Which one of the
following statements is
true regarding this
scenario?
/ 2/70
,3/16/25, 11:36 AM CPCU 552, CP&L FINAL EXAM
Matthew Jones, the named Paul is not covered because employees are not
insured under an insured while using their own autos in the named
unendorsed Business Auto insured's business.
Coverage Form (BACF),
requires his employees to
use their own cars for
business purposes. One of
Matthew's employees,
Paul, causes an accident
while driving his own truck
for the business. Matthew's
BACF shows symbol 1 for
liability coverage. Which
one of the following
correctly indicates
whether Paul is an insured
under the policy for the
accident?
/ 3/70
, 3/16/25, 11:36 AM CPCU 552, CP&L FINAL EXAM
ABC Corporation is Coverage for this claim would not be covered by
insured under a standard ABC's insurance.
unendorsed workers
compensation policy for
only the state of Florida.
Three months before the
present policy began,
ABC opened a sales office
in Georgia due to business
volume growing in that
state. ABC failed to report
the new location and new
state at policy inception.
The manager of the
Georgia office fell and
was injured and missed
work for three weeks after
the inception of the ABC
policy. The manager made
claim for Georgia benefits.
Which one of the
following is true regarding
ABC's coverage for
Georgia benefits?
/ 4/70
