Florida General Lines Agent EXAM QUESTIONS AND
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The dwelling property (DP) policy personal property (coverage C) coverages include the following
except?
a.Personal property of family members of the insured household
b.Personal property of guests and servants
c.Coverage for money, stamps and other valuable papers
d.Personal property belonging to the insured - ANSWER-c
The farm liability provides liability coverage for? - ANSWER-Personal and business liability resulting from
the operation of a farm.
The Florida law that states that an insured must pay the full coverage limits on property when there is a
total loss is referred to as? - ANSWER-Florida valued policy law
The following applies for coverage of a newly acquired auto under the PAP except?
a.The broadest coverage on the policy will apply to newly acquired autos not including the physical
damage coverage
b.An additional auto is covered for 14 days if the policy has physical damage coverage on at least 1 auto
and 4 days on a policy without physical damage coverage
c.All would apply to a newly acquired auto
d.A replacement auto is covered for 14 days if the policy has physical damage coverage and for 4 days if
the policy has no physical damage coverage - ANSWER-c.
The following apply to the employment-related practices liability (EPL) coverage form except?
a.The coverage territory includes the US, Puerto Rico and worldwide provided that the suit is brought
within the US or Puerto Rico
,b.A co-payment provision requires the insured to pay part of the legal damages and defense cost subject
to a maximum limit
c.All apply
d.A single liability limit apply for both legal damages and defense expenses of the insurer and the claims
made extended reporting period may be applied by an endorsement - ANSWER-c
The following apply to the Hospital professional liability policy except?
a.All apply
b.A medical incident is defined as acts or omissions in the furnishing of professional health care services
and include legal expenses to represent the insured in addition to the policy liability limits
c.Coverage also applies to the named insured professional boards or committees
d.Covers the insured liability arising from medical incidents - ANSWER-a
The following apply to the Lawyers professional liability coverage form except?
a.Claim expenses are part of and not in addition to the liability limit
b.Coverage is provided for acts and omissions of the insured in rendering service as a lawyer
c.The insurer's cost to represent the insured is in addition to the liability limit
d.Coverage is also provided for activities as an administrator, executor, guardian, conservator fiduciary
or as a trustee - ANSWER-a
The following apply to the Physicians, Surgeons and Dentists professional liability policy except?
a.A medical incident is defined as furnishing medical or dental services by an insured
b.Covers legal liability resulting from a medical incident
c.Covers injury to employees or obligations under workers compensation law
d.The policy covers services by the insured or persons under the direction, control or supervision of the
insured and the cost of legal defense in addition of the liability limit - ANSWER-c
,The following are additional coverages available by endorsements to the personal liability coverage form
except?
a.Sailboats 26 feet or more with or without auxiliary power
b.Coverage for incidental business pursuits related to a home base business activity
c.Water crafts not more than 26 feet and power by an outboard motor of 25 or more horsepower
d.Coverage for personal liability resulting from premises and personal activities of an insured - ANSWER-
d
The following are additional coverages under the DP-1 policy except?
a.Damage to outdoor trees, shrubs and plants
b.Limit of 10% applies to the other structures (coverage B) and 10% of the personal property (coverage
C) applies worldwide
c.Reasonable cost for necessary repairs to protect the property from further loss and a limit of 5 days
(30 days for the DP-2 and DP-3 policies) for property removed to a temporary location to protect the
property from a loss covered by the policy
d.A limit of 20% of the dwelling (coverage A) limit applies to the fair rental value (coverage D) coverage
prorated on a monthly 1/12 basis - ANSWER-a
The following are additional coverages under the DP-2 Broad form except?
a.A limit of 10% of the dwelling (coverage A) applies to the other structures (coverage B)
b.A combined limit of 20% apply to the fair rental (coverage D) and the additional expenses (coverage E)
but not a monthly pro-rata basis
c.Coverage for trees, shrubs and plants and 10% for increase cost associated with building ordinance
and law
, d.20% limit separately apply to the fair rental (coverage D) and the additional living expenses (coverage
E) - ANSWER-d
The following are common coverage limits under the CGL policy for bodily injury (BI) and property
damage (PD) of others under the CGL coverage A except?
a.$100,000 for BI and PD for any one occurrence
b.$200,000 for BI and PD for all occurrence that occur during the policy period refer to as general
aggregate limit (does not apply to the products and completed operations liability coverages)
c.All are common CGL coverage limits
d.A separate aggregate limit of $200,000 apply for BI and PD resulting from products and completed
operations - ANSWER-c
The following are common exclusions under the Lawyers professional liability policy except?
a.Acts related to legal documents prepare by the lawyer
b.Acts involving the purchase or sale of securities
c.Acts as a fiduciary under the Federal Employees Retirement Income Security Act (ERISA)
d.Dishonest, fraudulent, criminal or malicious acts - ANSWER-a
The following are considered as insureds under the CGL policy except?
a.An individual person and partners in a partnership and their employees
b.Officers, directors and stockholders of a corporation
c.Managers and members of a limited liability company and employees
d.All would be considered as insureds - ANSWER-d
The following are considered as insureds under the personal liability coverage form except?
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The dwelling property (DP) policy personal property (coverage C) coverages include the following
except?
a.Personal property of family members of the insured household
b.Personal property of guests and servants
c.Coverage for money, stamps and other valuable papers
d.Personal property belonging to the insured - ANSWER-c
The farm liability provides liability coverage for? - ANSWER-Personal and business liability resulting from
the operation of a farm.
The Florida law that states that an insured must pay the full coverage limits on property when there is a
total loss is referred to as? - ANSWER-Florida valued policy law
The following applies for coverage of a newly acquired auto under the PAP except?
a.The broadest coverage on the policy will apply to newly acquired autos not including the physical
damage coverage
b.An additional auto is covered for 14 days if the policy has physical damage coverage on at least 1 auto
and 4 days on a policy without physical damage coverage
c.All would apply to a newly acquired auto
d.A replacement auto is covered for 14 days if the policy has physical damage coverage and for 4 days if
the policy has no physical damage coverage - ANSWER-c.
The following apply to the employment-related practices liability (EPL) coverage form except?
a.The coverage territory includes the US, Puerto Rico and worldwide provided that the suit is brought
within the US or Puerto Rico
,b.A co-payment provision requires the insured to pay part of the legal damages and defense cost subject
to a maximum limit
c.All apply
d.A single liability limit apply for both legal damages and defense expenses of the insurer and the claims
made extended reporting period may be applied by an endorsement - ANSWER-c
The following apply to the Hospital professional liability policy except?
a.All apply
b.A medical incident is defined as acts or omissions in the furnishing of professional health care services
and include legal expenses to represent the insured in addition to the policy liability limits
c.Coverage also applies to the named insured professional boards or committees
d.Covers the insured liability arising from medical incidents - ANSWER-a
The following apply to the Lawyers professional liability coverage form except?
a.Claim expenses are part of and not in addition to the liability limit
b.Coverage is provided for acts and omissions of the insured in rendering service as a lawyer
c.The insurer's cost to represent the insured is in addition to the liability limit
d.Coverage is also provided for activities as an administrator, executor, guardian, conservator fiduciary
or as a trustee - ANSWER-a
The following apply to the Physicians, Surgeons and Dentists professional liability policy except?
a.A medical incident is defined as furnishing medical or dental services by an insured
b.Covers legal liability resulting from a medical incident
c.Covers injury to employees or obligations under workers compensation law
d.The policy covers services by the insured or persons under the direction, control or supervision of the
insured and the cost of legal defense in addition of the liability limit - ANSWER-c
,The following are additional coverages available by endorsements to the personal liability coverage form
except?
a.Sailboats 26 feet or more with or without auxiliary power
b.Coverage for incidental business pursuits related to a home base business activity
c.Water crafts not more than 26 feet and power by an outboard motor of 25 or more horsepower
d.Coverage for personal liability resulting from premises and personal activities of an insured - ANSWER-
d
The following are additional coverages under the DP-1 policy except?
a.Damage to outdoor trees, shrubs and plants
b.Limit of 10% applies to the other structures (coverage B) and 10% of the personal property (coverage
C) applies worldwide
c.Reasonable cost for necessary repairs to protect the property from further loss and a limit of 5 days
(30 days for the DP-2 and DP-3 policies) for property removed to a temporary location to protect the
property from a loss covered by the policy
d.A limit of 20% of the dwelling (coverage A) limit applies to the fair rental value (coverage D) coverage
prorated on a monthly 1/12 basis - ANSWER-a
The following are additional coverages under the DP-2 Broad form except?
a.A limit of 10% of the dwelling (coverage A) applies to the other structures (coverage B)
b.A combined limit of 20% apply to the fair rental (coverage D) and the additional expenses (coverage E)
but not a monthly pro-rata basis
c.Coverage for trees, shrubs and plants and 10% for increase cost associated with building ordinance
and law
, d.20% limit separately apply to the fair rental (coverage D) and the additional living expenses (coverage
E) - ANSWER-d
The following are common coverage limits under the CGL policy for bodily injury (BI) and property
damage (PD) of others under the CGL coverage A except?
a.$100,000 for BI and PD for any one occurrence
b.$200,000 for BI and PD for all occurrence that occur during the policy period refer to as general
aggregate limit (does not apply to the products and completed operations liability coverages)
c.All are common CGL coverage limits
d.A separate aggregate limit of $200,000 apply for BI and PD resulting from products and completed
operations - ANSWER-c
The following are common exclusions under the Lawyers professional liability policy except?
a.Acts related to legal documents prepare by the lawyer
b.Acts involving the purchase or sale of securities
c.Acts as a fiduciary under the Federal Employees Retirement Income Security Act (ERISA)
d.Dishonest, fraudulent, criminal or malicious acts - ANSWER-a
The following are considered as insureds under the CGL policy except?
a.An individual person and partners in a partnership and their employees
b.Officers, directors and stockholders of a corporation
c.Managers and members of a limited liability company and employees
d.All would be considered as insureds - ANSWER-d
The following are considered as insureds under the personal liability coverage form except?
