PnC questions and answers rated A+
(verified)
Both the passenger and driver have PAP med payments cvg; which policy would cover? - ANS
✔✔Driver's policy would be primary.
Insured's covered auto is in the repair shop due to collision, what vehicle would be covered
under PAP - ANS ✔✔not owned by insured but furnished for use while covered auto is out of
use.
Under which liability policies might an insured require the insurer to defend a claim - ANS
✔✔Professional Liability.
Under Personal Auto Policy, liability for BI from an insured's use of a NON-owned vehicle is -
ANS ✔✔provided by insured's policy on an excess basis.
Symbol available to insured with vehicles subject to no-fault coverage - ANS ✔✔Symbol 5.
Customer taking a trade-in car for a test drive and crashes... yet there's no title; - ANS ✔✔There
is no coverage.
Burglary - ANS ✔✔taking of property from within premises leaving visible signs of forced entry.
In a property policy, insurable interest must be proven - ANS ✔✔at the time of loss.
Coverages in Dwelling and Homeowners' policies for Indirect policies - ANS ✔✔Loss of Use.
, BusOwners policy liability coverage will pay for med expenses incurred - ANS ✔✔within 1 year.
Type of damages that may be awarded by court to create disincentives that discourage behavior
that is deemed highly undesirable by society - ANS ✔✔Punitive.
Type of damages is intended as a form of punishment for negligent, willful, or outrageous intent
- ANS ✔✔Punitive.
Type of Compensatory damages that will pay for pain and suffering & disfigurement - ANS
✔✔General.
Payment for medical expenses, loss of wages, funeral expenses, or the cost to repair/replace
damaged property is what type of Compensatory damages? - ANS ✔✔Special.
Property insurance that provides $100,000 cvg for a building & $50,000 cvg for personal
property @ a single location is called - ANS ✔✔Specific coverage.
Ins agent received a request for a hearing from the Commissioner. How many days must the
hearing be held? - ANS ✔✔30 days.
Conditions that must be met for a vehicle to be licensed in Georgia - ANS ✔✔the owner has
furnished proof of auto liability insurance or an approved self-insurance plan.
Under Professional Liability loss settlement provision - ANS ✔✔insurer must Get/Obtain the
insured's consent before offering to pay a claimant to settle a claim.
BO policy endorsement provides coverage for direct damage caused by utility service disruption
stemming from a covered peril is called - ANS ✔✔Utility Services-Direct Damage.
(verified)
Both the passenger and driver have PAP med payments cvg; which policy would cover? - ANS
✔✔Driver's policy would be primary.
Insured's covered auto is in the repair shop due to collision, what vehicle would be covered
under PAP - ANS ✔✔not owned by insured but furnished for use while covered auto is out of
use.
Under which liability policies might an insured require the insurer to defend a claim - ANS
✔✔Professional Liability.
Under Personal Auto Policy, liability for BI from an insured's use of a NON-owned vehicle is -
ANS ✔✔provided by insured's policy on an excess basis.
Symbol available to insured with vehicles subject to no-fault coverage - ANS ✔✔Symbol 5.
Customer taking a trade-in car for a test drive and crashes... yet there's no title; - ANS ✔✔There
is no coverage.
Burglary - ANS ✔✔taking of property from within premises leaving visible signs of forced entry.
In a property policy, insurable interest must be proven - ANS ✔✔at the time of loss.
Coverages in Dwelling and Homeowners' policies for Indirect policies - ANS ✔✔Loss of Use.
, BusOwners policy liability coverage will pay for med expenses incurred - ANS ✔✔within 1 year.
Type of damages that may be awarded by court to create disincentives that discourage behavior
that is deemed highly undesirable by society - ANS ✔✔Punitive.
Type of damages is intended as a form of punishment for negligent, willful, or outrageous intent
- ANS ✔✔Punitive.
Type of Compensatory damages that will pay for pain and suffering & disfigurement - ANS
✔✔General.
Payment for medical expenses, loss of wages, funeral expenses, or the cost to repair/replace
damaged property is what type of Compensatory damages? - ANS ✔✔Special.
Property insurance that provides $100,000 cvg for a building & $50,000 cvg for personal
property @ a single location is called - ANS ✔✔Specific coverage.
Ins agent received a request for a hearing from the Commissioner. How many days must the
hearing be held? - ANS ✔✔30 days.
Conditions that must be met for a vehicle to be licensed in Georgia - ANS ✔✔the owner has
furnished proof of auto liability insurance or an approved self-insurance plan.
Under Professional Liability loss settlement provision - ANS ✔✔insurer must Get/Obtain the
insured's consent before offering to pay a claimant to settle a claim.
BO policy endorsement provides coverage for direct damage caused by utility service disruption
stemming from a covered peril is called - ANS ✔✔Utility Services-Direct Damage.
