NJ STATE PROPERTY AND CASUALTY FINAL EXAM WITH STUDY GUIDE EXAMFX RATED A+

NJ STATE PROPERTY AND CASUALTY FINAL EXAM WITH STUDY GUIDE EXAMFX RATED A+ Professional liability policies protect against liability resulting from A. Errors and Omissions Page 46 Mini-Tail or Extended. Page 60 B. 60 Days after expiration date Not an exclusion under auto physical damage selection. Page 28 C. Carpools Not a covered territory in the personal auto policy. Page 25 C. Mexico Which is covered under other than collision section of your auto policy. Page 26 A. Hail damage to your car Nationwide Marine Define classifies risks can be written. Page 95 B. Inland marine form Assignment provision of policy to another person without written consent page 51 A. Get permission from insurance Not something of value exchanged policy. Page 13 D. Application given to prospective insured The following are insured under auto policy EXCEPT. Page 38 B. Spouse of name insured NOT living in household Occurrence form trigger based on. Page 17 D. Date injury occurs Maximum coverage bodily injury offered by NJ Full Insurance Underwriting Association. Page 55 D. $500,000.00 Duties of insurer include all of the following EXCEPT B. Notify the insured if financial difficulty List of lines or classes of insurance for there exists no reasonable market among authorized insurers in the state. Page 61 A. Exportable List Which of the following best describes an insurance company that has been formed in home state? Page 99 Domestic Maximum penalty for the 1st violation of insurance law. Page 105 ON State exam! $5,000.00. Which of the following is included in the term insurance related conduct? Page 101 B. Transmitting funds between producers & insurance companies One advantage of claims made forms form insurers point of view. Page 18 B. Prevents the stacking of limits. A date stipulated on Declaration page of claims made policy as 1st date of incident. Page 18 Retroactive date Several years after liability loss a