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Policy Level Coverage

Authored by Sandrene McGhie-Flemmings

Other, Business

Professional Development

7 Questions

Used 79+ times

Policy Level Coverage
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1.

MULTIPLE CHOICE QUESTION

45 sec • 5 pts

Joe is rear ended by someone with 10/20/15 liability limits. joe's vehicle repairs are $17,500

Personal injury Protection (PIP)

Uderinsured Motorist BI/PD

Liab BI

MedPay

2.

MULTIPLE CHOICE QUESTION

45 sec • 5 pts

Joe was out of work for 1 week due to an accident and needs financial assistance.

Personal injury Protection (PIP)

UIMBI/PD

Liab BI

MedPay

3.

MULTIPLE CHOICE QUESTION

45 sec • 5 pts

What option describes the coverages listed in 25/50/25?

Bodily Injury/Total Claim Payout/Property Damage

Bodily Injury per person/Bodily Injury max per accident/Property Damage max per accident

Property Damage/Total Claim Payout/Bodily Injury

Bodily Injury per accident/Bodily Injury per driver/property Damage per vehicle

4.

MULTIPLE CHOICE QUESTION

45 sec • 5 pts

What are the 3 components of the insurance mechanism?

Applications, Endorsements. Accidents

Customer Service, Underwriting, Claims

Risk, Transfer, Pooling

Avoid, Reduce, Transfer

5.

MULTIPLE CHOICE QUESTION

45 sec • 5 pts

What type of coverage protects the insured's vehicle in the event of a hailstorm?

Property Damage

Roadside Assistance

Comprehensive

Collison

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

My main purpose is to provide a sense of financial security to an individual who operates a vehicle in the event they become involved in an auto accident. What am I?

Insurance

Risk

Transfer

PIP

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Where would I find the different state Mandatory coverages & state minimum limits

Knowledge center and then click the State.

VMware then underwriting

Rate revision

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