MISSISSIPPI INSURANCE PRODUCER & CASUALTY EXAM QUESTIONS WITH CORRECT ANSWERS ALL VERIFIED BY AN EXPERT A+ GRADED (LATEST UPDATE)
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Course
Mississippi Insurance
Institution
Mississippi Insurance
Homeowners Policy - ANS Multi Line Policy that protects property owners from property and liability risks
HO-2 - ANS (broad form): covers the dwelling, other structures, and personal property on a named perils basis
HO-3 - ANS or special form, provides open peril coverage for loss to...
CORRECT ANSWERS ALL
VERIFIED BY AN EXPERT A+
GRADED (LATEST UPDATE)
, Homeowners Policy - ANS Multi Line Policy that protects property owners from
property and liability risks
HO-2 - ANS (broad form): covers the dwelling, other structures, and personal property
on a named perils basis
HO-3 - ANS or special form, provides open peril coverage for loss to the dwelling and
other structures (most common)
K
HO-4 - ANS renters/tenants insurance
C
HO-5 - ANS Comprehensive Form
HO-6 - ANS condominium owner's insurance
LO
HO-8 - ANS older homes/ historic
Dwelling Insurance - ANS Monoline Policies because they insure only property
YC
DP-1 - ANS basic form
DP-2 - ANS Broad Form
DP-3 - ANS Special Form
D
Commercial Package Policy (CPP) - ANS A multi-peril, multiline policy that provides a
broad spectrum of Property and Casualty coverages for businesses. It can include
U
almost any commercial coverage the insured might need with the exception of ocean
marine, workers comp, and aviation ins.
ST
What two forms are always included in CPP? - ANS Common Policy Declarations &
Common Policy Conditions
Businessowners Policy (BOP) - ANS A commercial package policy designed for
certain types of small businesses, combining Property and Liability coverages. Very
similar to a Commercial Package Policy (CPP).
Causes of Loss Forms - ANS List the perils that the property is insured against. There
are three separate causes of loss forms: basic, broad, and special
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