Commercial Casualty II Exam Questions and Answers 100% Pass

Commercial Casualty II Exam

Questions and Answers 100%

Pass


accident -

Answer: An event or continuous or repeated exposure to the same conditions

resulting in bodily injury or property damage




Question: auto -

Answer: A land motor vehicle; "trailer" or semitrailer designed for travel on public

roads; or any other land vehicle that is subject to a compulsory or financial

responsibility law or other motor vehicle insurance law where it is licensed or

principally garaged. An auto does not include "mobile equipment."




Question: bodily injury -

Answer: Injury, sickness, or death sustained by a person

, Question: concurrency -

Answer: When the dates of an Excess/Umbrella policy and an underlying policy

or policies are the same




Question: conditions -

Answer: The rules of a contract for an insured and insurance company




Question: coverage territory -

Answer: The geographic area where insurance applies




Question: Declarations -

Answer: The part of a policy that shows the who, what, when, and where




Question: deductible -

Answer: The amount the insurance company reduces its payment for a loss; it is

shown in the Declarations for each coverage