insureance

The duties required of an injured person seeking coverage under Medical Payments to Others of an insured's Homeowners policy include all of the following, except:

• Cooperate with the insurer

• Submit to a physical exam by the insurer’s physician

• Help the insurer in settling the claim

  D

• Promptly notify the insurer of any notice or demand

Which of the following would not be covered under Coverage B of a Broad Form Dwelling policy?

• Swimming pool

• Shed

• Pole barn connected to the dwelling by a utility line

• Grain silo

Under the Subrogation condition of a Special Form Homeowners policy, the insured may:

• Not waive their rights of recovery at any time

• Waive their rights of recovery with the insurer's verbal consent

• Waive their rights of recovery after the loss occurs

• Waive their rights of recovery prior to a loss

Under a Homeowners policy, personal liability coverage would exclude coverage for all of the following injuries, except:

• Injury to the named insured's 20-year-old child visiting from college

• Injury to an insured's employee, who is eligible for Workers' Compensation benefits

• Animal bite sustained by the named insured

• Injury to a guest who falls down the stairs

Which policy condition states that the insurer will automatically broaden coverage during the policy period if the broadened coverage does not require an increase in premium?

• Other Insurance

• Assignment

• Subrogation

• Liberalization

After a 4-car accident caused by the insured, Claimant A has bodily injuries in the amount of $49,500, Claimant B has bodily injuries equaling $19,500, and Claimant C has bodily injuries equaling $14,000. If the insured's Personal Auto policy limits are 25/50/10, what will the insurer pay?

• $50,000

• $49,500

• $83,000

• $58,500

Which statement about property insurance terminology is correct?

• Most property policies include inherent vice as a covered peril

• A spark that jumps from a fireplace and ignites a nearby rug would be deemed a hostile fire

• Loss of profits resulting from a fire is a direct loss

• Arbitration is when a disputed claim is decided by the insurer

The policy territory of an unendorsed Personal Auto policy includes all of the following, except:

• Mexico

• Canada

• Guam

• Puerto Rico

nsurer ABC issues a Homeowners policy to a client who owns a single-family dwelling in Nevada. Immediately after the policy is in effect, the insured submits a number of small, legitimate claims regarding damage to personal property and appurtenant structures on the premises, all of which are payable by the insurer. The insurer is permitted to cancel the policy mid-term because of this claim history only if the policy has been in effect for less than:

• 70 days

• 30 days

• 90 days

• 120 days

A Personal Auto policy would consider all of the following to be a covered auto, except:

• An owned farm wagon being towed by a pickup truck

• An auto that is owned by the named insured, but not shown in the Declarations

• A newly acquired auto that has not been reported to the insurer after it was purchased five days ago

• A non-owned auto being used to temporarily replace a covered auto that is being repaired