California Property and Casualty questions with correct answers

Most workers compensation policies are written for 1 year terms. CORRECT ANSWER true A person licensed as either a property and casualty agent/broker or as an accident and health agent may be authorized to transact disability insurance for an admitted insurer by filing a notice of appointment from that insurer. This is known as: CORRECT ANSWER Dual Authority HMO's, PPO's, and POS, are referred to as what kind of care? CORRECT ANSWER Managed care Which of the following could offset the effects of not having a disability income policy: CORRECT ANSWER cash savings Which of the following is NOT one of the three extensions of coverage under the special form? CORRECT ANSWER Collapse If coverage exists under both an occurrence and a claims-made policy, how will the policies share the loss? CORRECT ANSWER The claims-made policy will provide excess coverage A supplemental extended reporting period extends coverage: CORRECT ANSWER indefinitely