PEARSON VUE: CASUALTY INSURANCE PRACTICE
EXAM
50+ (Updated for 2025-2026) Exam Prep Pack | A+ Questions & Verified Answers
Question 1
A legal obligation for injuries that are sustained due to failure to perform a duty is known as:
Correct!
A. negligence
B. liability
C. physical hazard
D. claims payment
B
Question 2
An insured has an automobile policy with a combined single limit of $500,000 for Bodily Injury and Property
Correct!
Damage. After an accident, a court awards $300,000 bodily injury and $25,000 property damage to
Claimant A, and $200,000 bodily injury and $25,000 property damage to Claimant B. In this situation, the
insurance company's limit for liability is:
A. $300,000
B. $350,000
C. $500,000
D. $550,000
C
, Question 3
Investment consultants should purchase which of the following policies to protect themselves from errors
Correct!
and omissions claims?
A. Owners and Contractors Protective Liability
B. Premises and Operations Liability
C. Professional Liability
D. Products and Completed Operations Liability
C
Question 4
The act of intentionally withholding from an insurance application a fact that would affect issuance of the
Correct!
policy is referred to as:
A. concealment
B. misrepresentation
C. defamation
D. twisting
A
Question 5
In insurance, which of the following terms refers to continuous or repeated exposure to conditions that may
Correct!
result in bodily injury or damage neither expected nor intended?
A. An accident
B. An occurrence
C. An event
D. A condition
B
, Question 6
The Conditions section of an insurance policy states the:
Correct!
A. deductible amount, if any
B. policy term
C. policy provisions
D. duties of the insured
D
Question 7
Which of the following injuries is covered under the Medical Payments section of an insured's Commercial
Correct!
General Liability policy?
A. An employee breaks an ankle in the insured's warehouse.
B. An individual is injured while participating in an athletic event on the insured's property.
C. A supplier is injured while visiting the insured's showroom.
D. A tenant in the insured's apartment building slips in their apartment and requires x-rays.
C
Question 8
Which of the following sections of a policy limits coverage?
Correct!
A. Policy summary
B. Conditions
C. Binders
D. Exclusions
D
EXAM
50+ (Updated for 2025-2026) Exam Prep Pack | A+ Questions & Verified Answers
Question 1
A legal obligation for injuries that are sustained due to failure to perform a duty is known as:
Correct!
A. negligence
B. liability
C. physical hazard
D. claims payment
B
Question 2
An insured has an automobile policy with a combined single limit of $500,000 for Bodily Injury and Property
Correct!
Damage. After an accident, a court awards $300,000 bodily injury and $25,000 property damage to
Claimant A, and $200,000 bodily injury and $25,000 property damage to Claimant B. In this situation, the
insurance company's limit for liability is:
A. $300,000
B. $350,000
C. $500,000
D. $550,000
C
, Question 3
Investment consultants should purchase which of the following policies to protect themselves from errors
Correct!
and omissions claims?
A. Owners and Contractors Protective Liability
B. Premises and Operations Liability
C. Professional Liability
D. Products and Completed Operations Liability
C
Question 4
The act of intentionally withholding from an insurance application a fact that would affect issuance of the
Correct!
policy is referred to as:
A. concealment
B. misrepresentation
C. defamation
D. twisting
A
Question 5
In insurance, which of the following terms refers to continuous or repeated exposure to conditions that may
Correct!
result in bodily injury or damage neither expected nor intended?
A. An accident
B. An occurrence
C. An event
D. A condition
B
, Question 6
The Conditions section of an insurance policy states the:
Correct!
A. deductible amount, if any
B. policy term
C. policy provisions
D. duties of the insured
D
Question 7
Which of the following injuries is covered under the Medical Payments section of an insured's Commercial
Correct!
General Liability policy?
A. An employee breaks an ankle in the insured's warehouse.
B. An individual is injured while participating in an athletic event on the insured's property.
C. A supplier is injured while visiting the insured's showroom.
D. A tenant in the insured's apartment building slips in their apartment and requires x-rays.
C
Question 8
Which of the following sections of a policy limits coverage?
Correct!
A. Policy summary
B. Conditions
C. Binders
D. Exclusions
D
