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WorksheetsInsurance refresher
Total questions: 10
Worksheet time: 7mins
What is a contract or device for transferring risk from a person, business or organization to an insurance company?
Law of large numbers
Adhesion
Insurance
Agency
Which is NOT an element of an insurable risk?
Catastrophic
Affordable
Accidental
Measurable
Insured has purchased an additional vehicle. How many days after purchase does the insured have to request that the new car is added to their personal auto policy?
10
14
20
30
Jack wants the maximum comprehensive protection for his home and personal property. Which homeowners policy should he purchase?
HO-2
HO-3
HO-5
HO-6
All of the following classes of personal property are specifically excluded from homeowners coverage EXCEPT?
Animals
Clothing
Property of boarders
credit cards
Which of the following perils is covered in all homeowners forms?
Freezing pipes
Weight of ice, snow, or sleet
Falling objects
Smoke
During a storm, a tree branch fell on Jack's car and broke the windshield. Which coverage of his personal auto policy will cover the damage to the car?
Property damage
Collision
Comprehensive
There is no coverage for it
Match the following
Liability
Part A
Medical/PIP
Part B
Uninsured/Underinsured
Part C
Comprehensive/Collision
Part D
Jack was injured when he lost control of his car and hit a guardrail. Which part of his personal auto policy will cover his medical expenses?
Part A
Part B
Part C
Part D
The DP-3 provides
Basic coverage for the dwelling and broad coverage for personal property
Broad coverage for the dwelling and basic coverage for the personal property
Open peril coverage for the dwelling and broad coverage for personal property
Open peril coverage for both the dwelling and personal popery
