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Property & Casualty Insurance Exam - Sample
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Question 1 of 10
Under the law of agency, all of the following are the types of authority an agent might have, EXCEPT:CorrectIncorrect
Question 2 of 10
In automobile insurance Supplementary Payments refer to which of the following?CorrectIncorrect
Question 3 of 10
Commercial auto insurance applies to accidents or losses in all of the following locations, EXCEPT:CorrectIncorrect
Question 4 of 10
A Pro Rata Liability Clause is included in an insurance policy to deal with the problem of:CorrectIncorrect
Question 5 of 10
In the event of a dispute between the insurer and insured concerning the value of a property settlement, which of the following conditions of the Homeonwer's policy would apply?CorrectIncorrect
Question 6 of 10
Property and Casualty Insurance can be utilized to handle: I. Pure risks. II. Speculative risks.CorrectIncorrect
Question 7 of 10
George Wilson has a personal auto policy. Select the coverage that would apply when a deer leaps onto Mr. Wilson's car and causes extensive damage.CorrectIncorrect
Question 8 of 10
A producer who offers a prospect one-half of the commissions as an inducement to purchase insurance is guilty of:CorrectIncorrect
Question 9 of 10
Medical Payments coverage under a homeowner policy are available for expenses resulting from an injury to:CorrectIncorrect
Question 10 of 10
An insurance agent is:CorrectIncorrect