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CPCU 552 Questions and Correct Answers
CGL Coverage Firms Ans: Coverage A- bodily injurya d property
damage
Coverage B- personal and advertising injury
Coverage C- medical payments
BACF (business auto covg form) Ans: Section 1- covered autos
Section 2- covered autos liability coverage
Section 3- physical damage coverage
Section 4- business auto conditions
Section 5- definitions
Auto symbols Ans: 1- any auto
2- owned autos only (and trailers for liab only)
3- owned private passenger autos only
4- owned autos other that pricate passenger autos only
5- owned autos subject to no fault (only lsited with PIP)
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6- owned autos subject to compulsory uninsured motorist law
7- specifically described autos
8- hired autos only
9- nonowned autos only
19- mobile equipment subject to compulsory or financial
responsibility or other motor veh ins law only
ADCF (auto dealer covg form) Ans: Section 1- covered auto
coverages
Section 2- general liab covgs
Section 3- acts, e and o liab covgs
Section 4- conditions
Section 5- definitions
Auto dealer symbols Ans: Symbols 21-29 parallel 1-9
Symbol 30- garage keepers
Symbol 31- physical damage
Motor Carrier Symbols Ans: See page 5.29
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Worker Comp and Employer Liability Ans: Section 1- workers
comp ins
Section 2- employer liab ins
Section 3- other states ins
Section 4- your duties if injury occurs
Section 5- premium
Section 6- conditions
Directors and Officers Ans: Duty of care
Duty of loyalty
Duty of disclosure
Duty of obedience
CGL Claims Made Version Ans: Only used when long-tail claims
are a major concern for underwriting. Claim must be made during
policy period unless they buy tail coverage.
Montrose language Ans: Insured will not cover claims for issues
the insured knew about before the policy inception date.
© 2025 All rights reserved
CPCU 552 Questions and Correct Answers
CGL Coverage Firms Ans: Coverage A- bodily injurya d property
damage
Coverage B- personal and advertising injury
Coverage C- medical payments
BACF (business auto covg form) Ans: Section 1- covered autos
Section 2- covered autos liability coverage
Section 3- physical damage coverage
Section 4- business auto conditions
Section 5- definitions
Auto symbols Ans: 1- any auto
2- owned autos only (and trailers for liab only)
3- owned private passenger autos only
4- owned autos other that pricate passenger autos only
5- owned autos subject to no fault (only lsited with PIP)
© 2025 All rights reserved
, 2 | Page
6- owned autos subject to compulsory uninsured motorist law
7- specifically described autos
8- hired autos only
9- nonowned autos only
19- mobile equipment subject to compulsory or financial
responsibility or other motor veh ins law only
ADCF (auto dealer covg form) Ans: Section 1- covered auto
coverages
Section 2- general liab covgs
Section 3- acts, e and o liab covgs
Section 4- conditions
Section 5- definitions
Auto dealer symbols Ans: Symbols 21-29 parallel 1-9
Symbol 30- garage keepers
Symbol 31- physical damage
Motor Carrier Symbols Ans: See page 5.29
© 2025 All rights reserved
, 3 | Page
Worker Comp and Employer Liability Ans: Section 1- workers
comp ins
Section 2- employer liab ins
Section 3- other states ins
Section 4- your duties if injury occurs
Section 5- premium
Section 6- conditions
Directors and Officers Ans: Duty of care
Duty of loyalty
Duty of disclosure
Duty of obedience
CGL Claims Made Version Ans: Only used when long-tail claims
are a major concern for underwriting. Claim must be made during
policy period unless they buy tail coverage.
Montrose language Ans: Insured will not cover claims for issues
the insured knew about before the policy inception date.
© 2025 All rights reserved
