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PROPERTY AND CASUALTY PRACTICE PSI EXAM QUESTIONS WITH COMPLETE ANSWERS
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PROPERTY AND CASUALTY PRACTICE PSI EXAM QUESTIONS WITH COMPLETE ANSWERS
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PROPERTY AND CASUALTY PRACTICEPSI EXAM QUESTIONS WITH
COMPLETE ANSWERS
Employees kkare kkbarred kkfrom kksuing kkemployers kkin kkcourt kkto kkobtain
kkcompensation kkfor kkinjuries kkcovered kkby kkworkers' kkcompensation kkbecause kkof
kkwhich kkof kkthe kkfollowing kkdoctrines?
-Employer kkliability
-Exclusive kkremedy
-Workman kkliability
-No kkfault kkinsurance kk- kkAnswerExclusive kkRemedy
Which kkof kkthe kkfollowing kkwould kktrigger kkcoverage kkunder kkbusiness kkincome kkform
kkwith kkextra kkexpense kkcoverage?
-Carpet kkcleaning kkafter kka kkwater kkmain kkbreak
-Employee kkpay kkafter kka kkbuilding kkstructure kkis kkdamaged
-Building kkinspectors kkfees kkafter kka kkloss
-Unit kkrent kkwhen kktenant kkis kkliable kk- kkAnswerCarpet kkCleaning kkafter kka kkwater
kkmain kkbreak
All kkof kkthe kkfollowing kkwould kkbe kkconsidered kkan kkinsured kkperson kkunder kkPart kkA
kkof kka kkpersonal kkautomobile kkpolicy kkEXCEPT:
-Other kkpersons kkor kkorganizations kkthat kkuse kkthe kkcar kkto kkthe kkextent kkthat kkthey
kkshare kkliability kkwith kkthe kkinsured kkperson.
-Anyone kkusing kkthe kkinsured's kkcar kkwith kkthe kkinsured's kkpermission kkor kkthe
kkreasonable kkbelief kkthat kkthey kkare kkentitled kkto kkdo kkso.
-The kknamed kkinsured kkand kkmembers kkof kkthe kkinsured's kkfamily kkfor kkthe
kkownership, kkmaintenance kkand kkuse kkof kkany kkauto kkor kktrailer.
-Other kkpersons kkor kkorganizations kkfor kktheir kkliability kkfrom kkan kkaccident kkinvolving
kkan kkauto kkor kktrailer kkused kkby kkthe kkinsured kkbut kkowned kkby kkthat kkperson kkor
kkorganization. kk- kkAnswerOther kkpersons kkor kkorganizations kkfor kktheir kkliability kkfrom
kkan kkaccident kkinvolving kkan kkauto kkor kktrailer kkused kkby kkthe kkinsured kkbut kkowned
kkby kkthat kkperson kkor kkorganization.
A kkDP-2 kkpolicy kkcovers kkall kkof kkthe kkfollowing kkEXCEPT:
, -damage kkto kkawnings kkfrom kkweight kkof kksnow.
-damage kkto kkproperty kkcaused kkby kkburglars.
-freezing kkof kkautomatic kkfire kksprinkler kksystems.
-accidental kkdischarge kkof kksteam kkfrom kka kkplumbing kksystem. kk- kkAnswerdamage
kkto kkawnings kkfrom kkweight kkand kksnow
An kkextended kkreporting kkperiod kkattached kkto kka kkgeneral kkliability kkpolicy kkprovides
kkcoverage kkin kkwhich kkof kkthe kkfollowing kkways?
-It kkprovides kkcoverage kkfor kkclaims kkmade kkoutside kkthe kkpolicy kkterm.
-It kkgives kkan kkadditional kk30 kkdays kkcoverage kkbeyond kkthe kkpolicy kkterm.
-It kkgives kkan kkadditional kk10 kkyears kkcoverage kkbeyond kkthe kkpolicy kkterm.
-It kkcovers kkany kkgap kkbetween kkthe kkclaims-made kkand kkoccurrence kkforms. kk-
kkAnswerIt kkprovides kkcoverage kkfor kkclaims kkmade kkoutside kkthe kkpolicy kkterm.
Which kkof kkthe kkfollowing kkis kkan kkexample kkof kkrisk kkreduction?
-Installing kka kkfire kkhose kksystem kkon kkevery kkfloor kkof kka kkbuilding
-Carrying kkan kkadequate kkamount kkof kkinsurance kkto kkcover kkany kkloss.
-Refusal kkto kkwork kkin kka kkbuilding kkthat kkis kknot kkmade kkof kkbrick kkor kkconcrete
-Not kkpurchasing kkinsurance kkbecause kkof kka kkpast kkhistory kkof kkzero kkclaims kk-
kkAnswerInstalling kka kkfire kkhose kksystem kkon kkevery kkfloor kkof kka kkbuilding
Which kkof kkthe kkfollowing kkpersons kkis kkcovered kkfor kkaccidental kkinjury kkon kkthe
kkinsured's kkpremises kkunder kkthe kkcommercial kkgeneral kkliability kkmedical
kkpayments?
-a kktenant kkof kkthe kkpremises
-an kkemployee kkof kkthe kkinsured
-person kkinjured kkin kkwarfare
-a kkvolunteer kkworker kk- kkAnswera kkvolunteer kkworker
Which kkHomeowner kkForm kkcovers kkfixtures, kkinstallations, kkand kkimprovements
kkmade kkor kkacquired kkat kkthe kkinsured's kkexpense?
HO-6
HO-5
HO-4
HO-2 kk- kkAnswerHO-4
Which kkpolicy kkcondition kkis kkinvoked kkwhen kkparties kkto kkan kkinsured kkloss kkcannot
kkagree?
-Arbitration
-Assignment
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