All of the following are "Perils of the Sea" under an Ocean Marine policy, EXCEPT: -
The amount of insurance countersigned, issued, or sold by an agent or producer to
cover immediate family members, an employer, or employees is known as: - ANSWER
Which of the following standardized Dwelling insurance forms provides coverage for
loss of rental income - ANSWER The DP-1, DP-2, and DP-3 forms
The "Part B - Medical Payments" coverage of a personal automobile policy covers injuries
for all of the following, EXCEPT: - ANSWER A passenger who is injured in another vehicle
that is struck by the insured's vehicle in an accident
Which of the following are the Texas Workers' Compensation benefits that are increased
by a cost-of-living adjustment (COLAs) - ANSWER Lifetime Income Benefits (LIBs) only
Hannah must take time away from work to help assist in the investigation of a claim that
was made against her BOP policy. The policy will pay for Hannah's actual loss of
earnings up to: - ANSWER $250 per day.
Surplus Lines companies in Texas have _____ to acknowledge the receipt of a claim. -
ANSWER 30 days.
All of the following are characteristics of a principal that a surety will scrutinize
during the underwriting process, EXCEPT: - ANSWER Consideration.
Under Section II of a Homeowners policy, a cemetery plot owned by the insured is