8/11/25, 4:47 PM mamas test
MAMA TEST BANK EXAM 2025-2026 LATEST VERSION
WITH COMPLETE QUESTIONS AND ACCURATE DETAILED
ANSWERS \VERIFIED 100% ALREADY GRADED A+\LATEST
UPDATE
Mike and Jennifer Reed $2,690
have an FP-7955 policy in
force with a $250
deductible. Lighting
struck the insured's
house,
damaging the house and
contents. Mike is a
policeman and operates a
small engine repair shop
in a shed on the insured
premises. Jennifer is a sales
representative and often
has samples and
merchandise at the house.
The following items were
listed on the personal
property inventory forms
submitted after the loss.
Cash in Mike'd
billfold-$35 Cash in
Jennifer's purse-
$160 Change in
piggy bank- $25
Hand tools used in Mike's
business- $780 Jennifer
sales samples- $320
Mike's Police
https://quizlet.com/684063115/mamas-test-flash-cards/ 1/40
,8/11/25, 4:47 PM mamas test
uniform- $375 4
hunting rifles-
$1820
3 Shotguns- $870
How much would you pay for
the hunting rifles and
shotguns listed in the loss?
Do not consider the
deductible in calculating this
answer.
A
Refer to the exhibit above,
identify the cellulose
Mike and Jennifer Reed $250
have an FP-7955 policy in
force with a $250
deductible. Lighting
struck the insured's
house,
damaging the house and
contents. Mike is a
policeman and operates a
small engine repair shop
in a shed on the insured
premises. Jennifer is a sales
representative and often
has samples and
merchandise at the house.
The following items were
listed on the personal
property inventory forms
https://quizlet.com/684063115/mamas-test-flash-cards/ 2/40
,8/11/25, 4:47 PM mamas test
submitted after the loss.
Cash in Mike's
billfold-$35 Cash in
Jennifer's purse-
$160 Change in
piggy bank- $25
Hand tools used in Mike's
business- $780 Jennifer
sales samples- $320
Mike's Police
uniform- $375 4
hunting rifles-
$1820
3 Shotguns- $870
How much of the deductible,
if any, would be absorbed
in the lose?
C. 2K
Refer to the house exhibit
above, identify the ridge.
https://quizlet.com/684063115/mamas-test-flash-cards/ 3/40
, 8/11/25, 4:47 PM mamas test
Lighting hits a power False
transformer two
streets away from the risk
and knocks out the power
to the entire area. The
temperature is in the 20's and
our insured's home is heated
by an electric furnace. The
insured has a FP-7955
policy in force ALE will be
payable on this loss. True or
False?
A. 2I
Refer to the house exhibit
above, identify the eave.
Select the false statement c. ALE payments will not exceed 20% of Coverage A limits
listed below: In the FP-
7955 policy, the ALE
payments will be made
only for:
D. 2L
Refer to the house exhibit
above, identify the valley.
In the FP-7955 policy is in $78,750
force with Coverage A limits
of $75,000. The policy
has a $1,000 deductible. The
house is totally destroyed
by a tornado and the cost
to
replace the house is $75,550
plus debris removal of
$4,225 for a total claim of
$79,775. All repairs have been
completed.
What is the amount of your
final
settlement? Consider the
https://quizlet.com/684063115/mamas-test-flash-cards/ 4/40
MAMA TEST BANK EXAM 2025-2026 LATEST VERSION
WITH COMPLETE QUESTIONS AND ACCURATE DETAILED
ANSWERS \VERIFIED 100% ALREADY GRADED A+\LATEST
UPDATE
Mike and Jennifer Reed $2,690
have an FP-7955 policy in
force with a $250
deductible. Lighting
struck the insured's
house,
damaging the house and
contents. Mike is a
policeman and operates a
small engine repair shop
in a shed on the insured
premises. Jennifer is a sales
representative and often
has samples and
merchandise at the house.
The following items were
listed on the personal
property inventory forms
submitted after the loss.
Cash in Mike'd
billfold-$35 Cash in
Jennifer's purse-
$160 Change in
piggy bank- $25
Hand tools used in Mike's
business- $780 Jennifer
sales samples- $320
Mike's Police
https://quizlet.com/684063115/mamas-test-flash-cards/ 1/40
,8/11/25, 4:47 PM mamas test
uniform- $375 4
hunting rifles-
$1820
3 Shotguns- $870
How much would you pay for
the hunting rifles and
shotguns listed in the loss?
Do not consider the
deductible in calculating this
answer.
A
Refer to the exhibit above,
identify the cellulose
Mike and Jennifer Reed $250
have an FP-7955 policy in
force with a $250
deductible. Lighting
struck the insured's
house,
damaging the house and
contents. Mike is a
policeman and operates a
small engine repair shop
in a shed on the insured
premises. Jennifer is a sales
representative and often
has samples and
merchandise at the house.
The following items were
listed on the personal
property inventory forms
https://quizlet.com/684063115/mamas-test-flash-cards/ 2/40
,8/11/25, 4:47 PM mamas test
submitted after the loss.
Cash in Mike's
billfold-$35 Cash in
Jennifer's purse-
$160 Change in
piggy bank- $25
Hand tools used in Mike's
business- $780 Jennifer
sales samples- $320
Mike's Police
uniform- $375 4
hunting rifles-
$1820
3 Shotguns- $870
How much of the deductible,
if any, would be absorbed
in the lose?
C. 2K
Refer to the house exhibit
above, identify the ridge.
https://quizlet.com/684063115/mamas-test-flash-cards/ 3/40
, 8/11/25, 4:47 PM mamas test
Lighting hits a power False
transformer two
streets away from the risk
and knocks out the power
to the entire area. The
temperature is in the 20's and
our insured's home is heated
by an electric furnace. The
insured has a FP-7955
policy in force ALE will be
payable on this loss. True or
False?
A. 2I
Refer to the house exhibit
above, identify the eave.
Select the false statement c. ALE payments will not exceed 20% of Coverage A limits
listed below: In the FP-
7955 policy, the ALE
payments will be made
only for:
D. 2L
Refer to the house exhibit
above, identify the valley.
In the FP-7955 policy is in $78,750
force with Coverage A limits
of $75,000. The policy
has a $1,000 deductible. The
house is totally destroyed
by a tornado and the cost
to
replace the house is $75,550
plus debris removal of
$4,225 for a total claim of
$79,775. All repairs have been
completed.
What is the amount of your
final
settlement? Consider the
https://quizlet.com/684063115/mamas-test-flash-cards/ 4/40
