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PROPERTY & CASUALTY QUESTIONS GA
EXAM Questions and Correct Answers/
Latest Update / Already Graded
The arbitration clause in a personal auto policy would be used in which
of the following circumstances?
A. The ins company and a pedestrian struck by the insured's auto
cannot reach an agreement regarding the settlement of a claim.
B. The insured and an injured 3rd party cannot reach an agreement
regarding the settlement of a claim.
C. The court have ruled against an injured 3th party.
Ans: B. The insured and an injured 3rd party cannot reach an
agreement regarding the settlement of a claim.
Which of the following bonds protects an employer fro the actions of
dishonest employees?
A. Surety
B. Fidelity
Ans: B.Fidelity
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A dwelling has been vacant for more than 60 consecutive days. Which
of the following would most likely NOT be covered?
A. Vandalism
B. Smoke
C. Fire
D. Falling Objects
Ans: A. Vandalism
While in her backyard, Susan injuries her foot on a rake left by her
landscapers. What part of the CGL policy will protect the owner of the
landscaping company?
A. Operations exposure
B. Products Liability
C. Completed operations liability
D. Premises exposure
Ans: A. Operations exposure
Premium computation is found in which section of the workers'
compensation policy?
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A. Part 3
B. Part 5
C. Part 1
D. Part 2
Ans: B. Part 5
Once an injured employee has received benefits provided under
workers' compensation, that employee may not file a suit against her
employer to gain additional benefits. This is the def. of
A. Contributory negligence
B. the fellow servant rule
C. Assumption of risk
D. Exclusive remedy
Ans: D. executive remedy
The purpose of the basic extended reporting period in a commercial
general liability (CGL) " claims-made" policy is to provide
All rights reserved © 2025/ 2026 |
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A. additional time for the insured to make monthly reports of
information for rating purposes
B. coverage for events that have happened before the policy became
effective
C. coverage for events that happened up to 5yrs after a claims-made
policy has expired
D Coverage for events that have happened after the retroactive date,
but which were not within 60days of policy expiration
Ans: D. Coverage for events that have happened after the
retroactive date, but which were not within 60days of policy
expiration
What is the purpose of the employer's liability section of a workers'
comp plicy ( part 2) ?
A. pay for lawsuits filed by an employer
B. Pay for benefits that are normally required by state workers' comp
laws
C. Pa for 3rd-party claims filed against a negligent employer
Ans: B. Pay for benefits that are normally required by state
workers' comp laws
All rights reserved © 2025/ 2026 |
PROPERTY & CASUALTY QUESTIONS GA
EXAM Questions and Correct Answers/
Latest Update / Already Graded
The arbitration clause in a personal auto policy would be used in which
of the following circumstances?
A. The ins company and a pedestrian struck by the insured's auto
cannot reach an agreement regarding the settlement of a claim.
B. The insured and an injured 3rd party cannot reach an agreement
regarding the settlement of a claim.
C. The court have ruled against an injured 3th party.
Ans: B. The insured and an injured 3rd party cannot reach an
agreement regarding the settlement of a claim.
Which of the following bonds protects an employer fro the actions of
dishonest employees?
A. Surety
B. Fidelity
Ans: B.Fidelity
All rights reserved © 2025/ 2026 |
, Page |2
A dwelling has been vacant for more than 60 consecutive days. Which
of the following would most likely NOT be covered?
A. Vandalism
B. Smoke
C. Fire
D. Falling Objects
Ans: A. Vandalism
While in her backyard, Susan injuries her foot on a rake left by her
landscapers. What part of the CGL policy will protect the owner of the
landscaping company?
A. Operations exposure
B. Products Liability
C. Completed operations liability
D. Premises exposure
Ans: A. Operations exposure
Premium computation is found in which section of the workers'
compensation policy?
All rights reserved © 2025/ 2026 |
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A. Part 3
B. Part 5
C. Part 1
D. Part 2
Ans: B. Part 5
Once an injured employee has received benefits provided under
workers' compensation, that employee may not file a suit against her
employer to gain additional benefits. This is the def. of
A. Contributory negligence
B. the fellow servant rule
C. Assumption of risk
D. Exclusive remedy
Ans: D. executive remedy
The purpose of the basic extended reporting period in a commercial
general liability (CGL) " claims-made" policy is to provide
All rights reserved © 2025/ 2026 |
, Page |4
A. additional time for the insured to make monthly reports of
information for rating purposes
B. coverage for events that have happened before the policy became
effective
C. coverage for events that happened up to 5yrs after a claims-made
policy has expired
D Coverage for events that have happened after the retroactive date,
but which were not within 60days of policy expiration
Ans: D. Coverage for events that have happened after the
retroactive date, but which were not within 60days of policy
expiration
What is the purpose of the employer's liability section of a workers'
comp plicy ( part 2) ?
A. pay for lawsuits filed by an employer
B. Pay for benefits that are normally required by state workers' comp
laws
C. Pa for 3rd-party claims filed against a negligent employer
Ans: B. Pay for benefits that are normally required by state
workers' comp laws
All rights reserved © 2025/ 2026 |
