A physician is being sued by a patient for misdiagnosing terminal...
Professionals are exposed to liability for failure to properly perform...
A wrongful act other than a crime or breach of contract is a
The named insured for a commercial package policy is "Jill Koslin and...
Your insured has a ten year lease on his store. He has spent...
A medical condition that exists on the policy effective date and...
The Mexico coverage endorsement may be attached to personal auto...
All of the following meet the definition of the insured under a HO-3...
California has lower financial responsibility limits than most other...
It is a violation of the CA Insurance code to act as a producer for a...
Which of the following does not have a standard coverage form
After an employee recuperating from a standard surgical procedure...
What is an additional coverage provided by an HO-3 policy?
Thomas Fry has insured a building under his commercial policy. ...
Jevon has a personal auto policy with $250 deductible collision...
The medical expense coverage in a workers compensation policy
In a commercial property policy, the company providing the insurance...
All of the following are parties to a surety bond, except
A car is insured using a personal auto policy. the car is...
What endorsement can be used to insure a motorcycle under a personal...
Which property is excluded under an HO-3 policy ?
One difference between a robbery peril and a burglary peril is that...
If an insured timely requests coverage for a newly acquired auto under...
All of the following are characteristics of "an ideally insurable loss...
The named insured on a commercial insurance policy is "Sam Stone and...
What is one peril included in a DP 2 that is not included in a DP 1 ?
Exclusive agents
Fred is a named insured on a commercial property policy insuring a...
What additional coverage is provided in a DP-3 that is not provided in...
Diamond Toy Company is being sued for a death caused by a child...
Under a yacht policy, protection and indemnity provides coverage for
All of the following vehicles are eligible for coverage under a...
A common formula that is used to establish actual cash value is:
Self-funding of employee benefit plans cannot be used for
Which of the following would best be described as using forcible entry...
A pickup or van with a gross vehicle weight of 9,500 lbs. may be...
Under the financial responsibility law requirements in California,...
What type of policy protects against loss from any type of peril...
Where would an insured find insurance coverage to protect against...
Under the common policy conditions, who is authorized to make changes...
According to the CA Insurance Code, a binder is deemed a valid...
A written provision that modifies the provisions of the original...
Which of the following events within the last three years would...
If an insured discovers an occurrence 75 days after the expiration of...
One example of a loss covered by business income insurance is a loss
A home is damages minutes after an earthquake, first by fire, and then...
Which of the following is best defined as "the taking of property from...
Your commercial auto policy insured needs coverage for his...
The amount to replace property with like property of the same quality...
A reduction in the value of property that results immediately from...
Which of the following risks are eligible for a business owners policy
A situation is which there is only the possibility of loss or no loss...
Which of the following best characterizes a speculative risk
The amount paid for damaged property which is equal to the price for...
If a named insured is not the owner of the building, improvements and...
Livery conveyance is best described as a
The retro-active date of a claims-made professional liability policy...
What is one of the main reasons the federal government insurance...
What is revenue minus expense ?
When a state program is a company's only option available for the...
A risk management technique that eliminates a loss exposure and...
The possibility of financial loss resulting from the ownership of...
How much coverage, if any, is available under HO-3 for landlord's...
If an insurer pays an insured $25,000 in lost wages, $45,000 for...
The state laws that regulate insurer practices regarding underwriting,...
Under a personal auto policy, if a newly acquired auto is to replace...
Damage done by an earthquake to an insured auto is covered by the...
What clause is commonly used to require insureds to purchase insurance...
Which of the following types of loss would result in a claim for...
Which type of exposure can best be defined as a condition or situation...
JAE Computer Company is being sued by Stack Computer Company for an...
Under the presumptive disability clause, an insured is considered...
If an employee embezzles $10,000 from an insurance company, which type...
Under a standard (ISO) homeowner's HO-3, real property and personal...
What is the primary reason for co-insurance clauses in property...
If an insured rents a vehicle while on two week vacation in the U.S....
If the named insured has been charged with arson in reference to a...
Which of the following coverages is best suited to insure maps,...
Which of the following losses would be excluded by the ordinance or...
All of the following are listed on a commercial liability declarations...
What must a licensee do in order to surrender for cancellation a...
Which of the following is not an uninsured motor vehicle as defined by...
One of the major advantages to insureds of a commercial lines package...
All of the following causes of loss are covered by equipment breakdown...
A policy may not be transferred to another without
Which of the following lines of insurance would cover the loss of net...
Which of the following conditions would not be included among the...
A commercial property causes of loss forms do not cover any losses...
An applicant would like to buy a personal umbrella policy
What do we call the process whereby insurers decide which customers to...
If an insured under a personal auto policy leaves a covered auto at an...
Ian, your unmarried homeowner's insured does not own a car. He is...
Which of the following insurance professionals would be employed to...
In an unendorsed claims-made general liability policy, how long does...
Which of the following situations suggest the need for an attachment...
An apartment house is worth $500,000. The owner insures it for...
If a property owner is insured under a building and personal property...
All of the following acts or practices are prohibited by the Unfair...
All of the following are exclusions in an inland marine policy, except
Actual cash Value is defined as the
Under the commercial property coverage program, which causes of loss...
What is required of a broker-agent before appointing an insurance...
An insurer's loss reserve for a claim is
Where do most states require insurers to file policy forms ?
Any person who makes a loan of money using real property as security
When a PPO participant selects an in-network primary care physician...
Under tort law, a person can face a claim for legal liability on the...
Which of the following is listed on a commercial general liability...
What is a self-insured retention under an umbrella policy?
A distinct feature of the alternative funding method known as...
A client purchased a commercial policy on an owned building. The...
Which part of the insurance contract summarizes the major promises of...
Under a value reporting form, if the insured has made no reports as...
What additional coverage does a DP2 have compared to a DP1 ?
An insured's duties after a loss are described in the homeowner's...
Which inland marine floater is most similar to the scheduled personal...
All of the following would be considered benefits of insurance, except
Which of the following is not a type of property commonly insured by...
The water damage exclusion in the causes of loss - special form...
Insurers may purchase reinsurance for a variety of reasons. ...
The loss under a watercraft endorsement is covered it it arises out of
Under a personal auto policy, what qualifies as an insured while using...
Who is considered the first party to an insurance contract
Coverages A and/or B of the commercial general liability (CGL)...
The insurance code definition of an "insurance broker" is
A company that negotiates and binds ceding reinsurance on behalf of an...
A private passenger vehicle is added to an insurance policy. The CA...
All of the following equipment would be covered under the equipment...
Which of the following would be known as the process whereby an...
To determine the actual cash value of a commercial building for...
What does a supplemental extended reporting period endorsement provide...
Are standardized umbrella policies available ?
If a building is damaged during an attempted burglary where money was...
Liability coverage under boat owners policies typically exclude
Under an un-endorsed commercial property coverage form with no...
All of the following expenses are covered in addition to the limits of...
An items replacement cost is defined as the
All of the following are considered intentional torts, except
Which commercial property form contains most of the exclusions that...
In the state of California a rate will not remain in effect if it is...
The commercial general liability (CGL) declarations page displays many...
Which of the following coverages is a property insurance coverage
Under tort law, a corporation can be subject to a claim for legal...
What is one difference between a homeowners policy and a dwelling...
The business income coverage form covers the actual loss of business...
The persona auto policy "coverage for damage to your own automobile"...
Under the liability portion of an unendorsed personal auto policy,...
In a commercial property, the insurance claim is denied because of the...
What is the type of loss exposure that would include land and property...
In a claims-made commercial general liability policy, which of the...