Idaho Property and Casualty Insurance Exam Study
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Questions and Answers Updated Latest
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1. anothergnamegforginsurancegagentgis:
principalgpr
oducergbrok
ergrecorder
:gproducer
2. anothergnamegforginsurergis:
principalgpr
oducergbrok
ergpolicyma
ker
:gprincipal
3. ThegBroadgFormgProductsgCoveragegendorsementgingcommercialgautogpoli-
ciesgdoesgwhichgofgthegfollowing?
1g/g51
,Addsgpropertygcoverage
Removesgthegdefectivegproductsgexclusiong
AddsgthegdefectivegproductsgexclusiongRe
movesgpropertygcoverage
:gRemovesg theg defectiveg productsg exclusion
4. Allgofgthegfollowinggconditionsgmustgexistgforginjurygorgdamagegtogbegincludedin
gthegproductsgandgcompletedgoperationsghazardgofgagcommercialggeneralgliabilit
ygpolicygEXCEPT
Theginjurygorgdamagegmustgoccurgaftergtheginsuredghasgreleasedgphysicalgpossess
ngofgthegproductgtoganother.
Theginjurygorgdamagegmustgoccurgwithing90gdaysgaftergtheginsured'sgworkgisgcomp
eted.
Theginjurygorgdamagegmustgoccurgawaygfromgtheginuredgpremises.
Theginjurygorgdamagegmustgarisegoutgofgtheginsured'sgproductgorgwork.
:gTheginjurygorgdamagegmustgoccurgwithing90gdaysgaftergtheginsured'sg workgisg co
mpleted.
*Theg productsg andg completedg operationsg hazardg includedg injuriesg org damageg thatgo
curgaftergtheginsuredghasgcompletedgitsgjobgandgleftgthegsite,gorgrelinquished
2g/g51
,controlofg tg productg itg manufacturedg org sold.gThereg isg nog timeg limitg ong theg injuryg orgd
mage.
5. CGLg Coverageg Bg (Personalg andg Advertisingg Injury)g willg cover
3g/g51
, Angoffensegcommittedgbyganginsuredgwhosegbusinessgisgadvertising.
Inadvertentginjurygtogothersgcausedgingthegcoursegofgadvertisinggtheginsured'sgpro
uct.
Thegfailuregofggoodsgogconformgtogadvertisedgqualitygorgperformance.
Oralgorgwrittengpublicationgofgmaterialgtheginsuredgknowsgisgfalse.
:gInadvertentinjurygtogothersgcausedgingthegcoursegofgadvertisinggtheginsured'sg pr
oduct.
6. Angapplicantgknowinglygfailsgtogcommunicateginformationgthatgwouldghelpgan
g underwritergmakegagsoundgdecisiongregardinggcoverage.Thisgisgangexamplegof:
ConcealmentgMisr
epresentationgFra
ud
Breachgofgwarranty
:gConcealment
7. Whengagparentgisgrequiredgtogpaygforgdamagesgcausedgbyghisgorghergchildren,thi
sgisgangexamplegof
StrictgliabilitygInte
rveninggcause
4g/g51
g g g g g g g
Questions and Answers Updated Latest
g g g g g
1. anothergnamegforginsurancegagentgis:
principalgpr
oducergbrok
ergrecorder
:gproducer
2. anothergnamegforginsurergis:
principalgpr
oducergbrok
ergpolicyma
ker
:gprincipal
3. ThegBroadgFormgProductsgCoveragegendorsementgingcommercialgautogpoli-
ciesgdoesgwhichgofgthegfollowing?
1g/g51
,Addsgpropertygcoverage
Removesgthegdefectivegproductsgexclusiong
AddsgthegdefectivegproductsgexclusiongRe
movesgpropertygcoverage
:gRemovesg theg defectiveg productsg exclusion
4. Allgofgthegfollowinggconditionsgmustgexistgforginjurygorgdamagegtogbegincludedin
gthegproductsgandgcompletedgoperationsghazardgofgagcommercialggeneralgliabilit
ygpolicygEXCEPT
Theginjurygorgdamagegmustgoccurgaftergtheginsuredghasgreleasedgphysicalgpossess
ngofgthegproductgtoganother.
Theginjurygorgdamagegmustgoccurgwithing90gdaysgaftergtheginsured'sgworkgisgcomp
eted.
Theginjurygorgdamagegmustgoccurgawaygfromgtheginuredgpremises.
Theginjurygorgdamagegmustgarisegoutgofgtheginsured'sgproductgorgwork.
:gTheginjurygorgdamagegmustgoccurgwithing90gdaysgaftergtheginsured'sg workgisg co
mpleted.
*Theg productsg andg completedg operationsg hazardg includedg injuriesg org damageg thatgo
curgaftergtheginsuredghasgcompletedgitsgjobgandgleftgthegsite,gorgrelinquished
2g/g51
,controlofg tg productg itg manufacturedg org sold.gThereg isg nog timeg limitg ong theg injuryg orgd
mage.
5. CGLg Coverageg Bg (Personalg andg Advertisingg Injury)g willg cover
3g/g51
, Angoffensegcommittedgbyganginsuredgwhosegbusinessgisgadvertising.
Inadvertentginjurygtogothersgcausedgingthegcoursegofgadvertisinggtheginsured'sgpro
uct.
Thegfailuregofggoodsgogconformgtogadvertisedgqualitygorgperformance.
Oralgorgwrittengpublicationgofgmaterialgtheginsuredgknowsgisgfalse.
:gInadvertentinjurygtogothersgcausedgingthegcoursegofgadvertisinggtheginsured'sg pr
oduct.
6. Angapplicantgknowinglygfailsgtogcommunicateginformationgthatgwouldghelpgan
g underwritergmakegagsoundgdecisiongregardinggcoverage.Thisgisgangexamplegof:
ConcealmentgMisr
epresentationgFra
ud
Breachgofgwarranty
:gConcealment
7. Whengagparentgisgrequiredgtogpaygforgdamagesgcausedgbyghisgorghergchildren,thi
sgisgangexamplegof
StrictgliabilitygInte
rveninggcause
4g/g51
