Which of the following statements is true regarding commercial general liability policy Coverage C - Medical Payments?
The coverage is considered good because payments are made without regard to fault
The legal liability form provides coverage for which of the following?
Direct physical damage to the property of others in the insurance care
Under the commercial property coverage program, the basic cause of loss from insures against loss caused by?
Which of the following may be covered by electric data processing coverage from under an inland marine policy?
Which of the following persons may be covered under farm Coverage J?
An installation floater is used to insure?
Appliances intended to become a permanent part of the building
Or purposes, when an insured loss property to another because the person used violence or threat of violence to gain property, is defined as?
The employee theft prime policy includes a coverage extension that applies to employees temporarily outside the coverage territory for up to?
Which policy consists of the decorations and conditions, endorsements, and other attachments optical to a single line of insurance?
When a regular bill of landing is issued, who is responsible for that inconvenience cost of any damage property?
A specific coverage part is listed on the commercial package policy decorations page, but there is no premium shown. What does this mean?
Which of the following statements is NOT true regarding mobile agricultural machinery and equipment coverage?
This coverage must be written as part of the farm coverage
Which of the following would be included in the farm liability coverage forms?
Bodily injury to a residence employee
The major portion of the premium for an earthquake breakdown policy pays?
For inspections and examinations
Which would NOT be covered by the inside of the premises - robbery or safe burglarly of an other property coverage?
An employee is caught stealing cash from the register
If I guessed property is lost or damaged while on an insurance premises or in their control, Guests' Property coverage covers the insured's?
And insured owns and operates a commercial business. He has included a business income coverage from within his commercial package policy. When the insured business is severely damaged by fire, the business income coverage will pay for?
Net income plus continuing expenses of the business
A contract for the transportation of goods between shipper and carrier is called?
A commercial property special form covers property and transit up to?
Taking a property from within the premises leaving visible signs of forced entry
A customer was injured in a supermarket parking lot when a grocery cart rolled into the customer's leg. Coverage for this claim would be provided under?
A farmer is remodeling his 100-year-old farmhouse. He is in the process of painting the porch and hanging shutters. He is keeping his ladder, paint, and other materials used to remodel his home under the porch. Which of the following provides coverage for his remodeling materials?
Which of the following commercial crime coverages would cover a loss resulting from that of the company's money and security from the armored vehicle making a delivery?
A policyholder has an equipment breakdown policy with $200,000 limit. If a boiler explosion causes$100,000 damage to the boiler itself, $50,000 damage to the insured's building, and $30,000 of expediting expenses, how much will that insured collect under the policy?
A large antenna is damaged when a tree branch hits and insured farm dwelling during a storm. Coverage A of a farm property coverage form with insured damages for this occurrence up to?
All of the following are supplemental payments found in liability policies EXCEPT?
Cost the insured and current in hiring an attorney
What is a required limit of insurance and the coinsurance claws for Coverage F - Unscheduled Farm Personal Propertyroperty?
A commercial package policy (CCP) allows the insured to select coverage needed and customized the policy to meet the needs of the insurance business. In a CPP, the business owner may select from all of the following types of coverage?
Workforce compensation coverage
The claims - made trigger is based on which of the following?
The date the claim is first made
The insured with a claim-made commercial general liability (CGL) policy may request and writing claim and occurrence information with from the insurer at any time up to 60 days after the policy period ends. The insurer must provide information?
What is a maximum amount an insurer will pay under the equipment dealers population cleanup and removal extension of an inland marine policy?
$10,000 for all expenses and curd during a 12 month period
If an insured bakery is sued because it's marketing states that a product from another bakery may not be safe, which coverage of a commercial general liability policy will defend the suit?
Personal and advertising injury liability
A unique feature and a bailee form that it covers?
Customers'Property weather or not then sure has been negligent
Individuals in the business of selling construction equipment and mobile equipment should insure with an?
Equipment dealers coverage form
Coverage under the builders risk form will end in all of the following situations EXPECT?
60 days after the construction has ended
In light building insurance policies, supplementary payments are made?
In addition to the limit of liability
All the following types of property are covered by standard builders risk form EXCEPT?
Tools 50 ft away from the building
Which coverage form would provide coverage for all incoming and outgoing shipments?
According to the common policy conditions for a commercial package policy, at the insured dies, the policy rights and duties?
Automatically transferred to illegal representative
All of the following are additional causes of loss included in the broad form of commercial property policy EXCEPT?
And which of the following situations would the jury block extension coverage a loss?
A jewelry fixes and necklace and sends it by registered mail to owner. When the necklace arrives, it has been damaged.
A pizza shop has a neon sign attached to its building. During a severe thunderstorm, the sign is damaged by wind and hail. What is the maximum amount the business's building and personal property policy will pay for the damage to the sign?
Which inland marine coverage condition says that an insurer will settle with the actual owners of the property involved in a loss?
Privilege to adjust with the owner
A business owner has a building and a personal property policy that covers a shed in which he stores extra parts. If he buys a A second shed for the same purpose, this will be automatically covered for how long?
What is NOT a consideration when paying an inland marine claim?
Market value when the property was first purchased
Which of the following would be covered by a commercial general liability coverage part?
Accidental bodily injury to a customer on the premises
Which of the following covers a carrier for liability for loss to cargo while it is being transported in a truck?
Motor truck cargo policy carriers form
The occurrence form trigger is based on which of the following?
The date when injury or damages occur
Under the provisions of business income coverage from, all of the following are true EXCEPT?
The insured is reimbursed for the lost from the date to the lost of the date restoration or policy expiration date, whichever comes first.
Rita drops off her wedding gown at Vicky's dry cleaners for a final pressing. The stores price breaks, so Vicky takes Rita's dress to her other store across town. On the way to the other store, Vicky is held at gunpoint until she gives the man the wedding dress. What crime coverage form would pay for the loss of the gown and the situation?
Extortion - commercial entities
When the condominium association coverage form and the condominium commercial unit - owners from both covered the same loss?
The association coverage will be considered primary and pay the loss