AD BANKER COMPREHENSIVE EXAM
2025
AD BANKER Exam Questions and Correct
Answers Brand New 2025 A+.
The maximum amount payable for all losses within a policy period is known as the:
A
Aggregate limit
B
Per occurrence limit
C
Combined single limit
D
Per person limit
A Aggregate limit
The aggregate limit is reduced by the amount paid each time a claim is paid during the policy term.
Which of the following would be considered an attractive nuisance?
A
A back lawn
B
A toy store
C
A trampoline
D
A candy store
C A trampoline
Bodily Injury may include which of the following?
A
Loss of Earnings
B
False Arrest
C
Invasion of Privacy
D
Slander
A Loss of Earnings
A+ TEST BANK 3
, AD BANKER COMPREHENSIVE EXAM
2025
Bodily injury includes such items as medical expenses, lost wages, mental anguish, death and
disfigurement.
The maximum amount a policy will pay in the event of a loss, regardless of the number of insureds,
claims made, lawsuits filed, or parties making claims is the:
A
Deductible
B
Premium
C
Limit of liability
D
Split limit
C Limit of liability
The limit of liability, or limits of insurance, are shown on the policy declarations page and are the
most paid by the policy regardless of the number of insureds, claims made, lawsuits filed, or parties
making claims or filing lawsuits.
A liability policy contains a per person bodily injury limit of $25,000 and a per occurrence limit of
$50,000. If an accident were to occur and three persons have claims of $20,000 each, the total
amount paid is:
A
$75,000
B
$50,000
C
$60,000
D
$25,000
B $50,000
The policy pays up to $25,000 for each person injured, but no more than $50,000 per occurrence,
regardless of the number of persons injured. Therefore, the limit for this accident is $50,000.
A+ TEST BANK 4
, AD BANKER COMPREHENSIVE EXAM
2025
When a claimant can prove that a product caused an injury, the fact that the manufacturer will be
held liable regardless of whether the product was defective or not, is considered which of the
following?
A
Contingent Liability
B
Direct Liability
C
Vicarious Liability
D
Strict Liability
D Strict Liability
The doctrine of strict liability applies to products and their manufacturers. It holds that the
manufacturer can be held responsible for an injury caused by a product, even if the product is not
defective.
Which coverage always contains an occurrence limit?
A
Strict liability
B
Advertising injury
C
Personal injury
D
Bodily injury and property damage
D Bodily injury and property damage
Bodily injury and property damage is written with a per occurrence limit.
Which of the following is true regarding a negligence claim?
A
An uninjured party to an accident is presumed to be negligent
B
The claimant must demonstrate that the actions of the insured were the direct or proximate cause of
the claimed injury or damages
C
In every accident there is one or more negligent parties
D
Every accident resulting in bodily injury or property damage is due to a negligent act
A+ TEST BANK 5
, AD BANKER COMPREHENSIVE EXAM
2025
B The claimant must demonstrate that the actions of the insured were the direct or proximate cause
of the claimed injury or damages
Accidents can occur that are the fault of no one. For one party to be able to collect damages from
another, arising from an accident, the claiming party must prove negligence on the part of the other
party.
Bodily injury liability coverage includes all of the following, except:
A
Mental anguish
B
Breach of contract
C
Lost wages
D
Medical bills
B Breach of contract
Bodily Injury coverage covers physical injury, sickness or disease sustained by a person including
death resulting from any of these. Breach of contract does not fall under this definition.
Personal Injury includes all of the following, except:
A
Bodily Injury
B
Libel
C
Slander
D
False Arrest
A Bodily Injury
Personal Injury is non-bodily injury to a person arising from wrongful conduct.
The person specifically designated in the policy as the person with whom the contract of insurance
has been made, is considered to be the:
A+ TEST BANK 6
2025
AD BANKER Exam Questions and Correct
Answers Brand New 2025 A+.
The maximum amount payable for all losses within a policy period is known as the:
A
Aggregate limit
B
Per occurrence limit
C
Combined single limit
D
Per person limit
A Aggregate limit
The aggregate limit is reduced by the amount paid each time a claim is paid during the policy term.
Which of the following would be considered an attractive nuisance?
A
A back lawn
B
A toy store
C
A trampoline
D
A candy store
C A trampoline
Bodily Injury may include which of the following?
A
Loss of Earnings
B
False Arrest
C
Invasion of Privacy
D
Slander
A Loss of Earnings
A+ TEST BANK 3
, AD BANKER COMPREHENSIVE EXAM
2025
Bodily injury includes such items as medical expenses, lost wages, mental anguish, death and
disfigurement.
The maximum amount a policy will pay in the event of a loss, regardless of the number of insureds,
claims made, lawsuits filed, or parties making claims is the:
A
Deductible
B
Premium
C
Limit of liability
D
Split limit
C Limit of liability
The limit of liability, or limits of insurance, are shown on the policy declarations page and are the
most paid by the policy regardless of the number of insureds, claims made, lawsuits filed, or parties
making claims or filing lawsuits.
A liability policy contains a per person bodily injury limit of $25,000 and a per occurrence limit of
$50,000. If an accident were to occur and three persons have claims of $20,000 each, the total
amount paid is:
A
$75,000
B
$50,000
C
$60,000
D
$25,000
B $50,000
The policy pays up to $25,000 for each person injured, but no more than $50,000 per occurrence,
regardless of the number of persons injured. Therefore, the limit for this accident is $50,000.
A+ TEST BANK 4
, AD BANKER COMPREHENSIVE EXAM
2025
When a claimant can prove that a product caused an injury, the fact that the manufacturer will be
held liable regardless of whether the product was defective or not, is considered which of the
following?
A
Contingent Liability
B
Direct Liability
C
Vicarious Liability
D
Strict Liability
D Strict Liability
The doctrine of strict liability applies to products and their manufacturers. It holds that the
manufacturer can be held responsible for an injury caused by a product, even if the product is not
defective.
Which coverage always contains an occurrence limit?
A
Strict liability
B
Advertising injury
C
Personal injury
D
Bodily injury and property damage
D Bodily injury and property damage
Bodily injury and property damage is written with a per occurrence limit.
Which of the following is true regarding a negligence claim?
A
An uninjured party to an accident is presumed to be negligent
B
The claimant must demonstrate that the actions of the insured were the direct or proximate cause of
the claimed injury or damages
C
In every accident there is one or more negligent parties
D
Every accident resulting in bodily injury or property damage is due to a negligent act
A+ TEST BANK 5
, AD BANKER COMPREHENSIVE EXAM
2025
B The claimant must demonstrate that the actions of the insured were the direct or proximate cause
of the claimed injury or damages
Accidents can occur that are the fault of no one. For one party to be able to collect damages from
another, arising from an accident, the claiming party must prove negligence on the part of the other
party.
Bodily injury liability coverage includes all of the following, except:
A
Mental anguish
B
Breach of contract
C
Lost wages
D
Medical bills
B Breach of contract
Bodily Injury coverage covers physical injury, sickness or disease sustained by a person including
death resulting from any of these. Breach of contract does not fall under this definition.
Personal Injury includes all of the following, except:
A
Bodily Injury
B
Libel
C
Slander
D
False Arrest
A Bodily Injury
Personal Injury is non-bodily injury to a person arising from wrongful conduct.
The person specifically designated in the policy as the person with whom the contract of insurance
has been made, is considered to be the:
A+ TEST BANK 6
