Podcast
Questions and Answers
Which endorsement provides coverage for unlicensed operators when driving a recreational vehicle off a public highway?
Which endorsement provides coverage for unlicensed operators when driving a recreational vehicle off a public highway?
- OPCF 44
- OPCF 51
- OPCF 20
- OPCF 32 (correct)
What is considered a 'hazard' for insurance purposes?
What is considered a 'hazard' for insurance purposes?
- Car drivers over age 65
- Plans to computerize the office
- Bare electrical wires (correct)
- A claims-free history
Which type of insurance is designed to indemnify a business for loss of income due to fire damage?
Which type of insurance is designed to indemnify a business for loss of income due to fire damage?
- Property insurance
- Accident and Sickness insurance
- Business Interruption insurance (correct)
- Liability insurance
When is it relevant for a property underwriter to request more information?
When is it relevant for a property underwriter to request more information?
What should an insured be advised about coverage under the Tenants Comprehensive policy when storing furniture in a warehouse?
What should an insured be advised about coverage under the Tenants Comprehensive policy when storing furniture in a warehouse?
What type of policy would respond to a loss of income due to business interruption?
What type of policy would respond to a loss of income due to business interruption?
What is the primary goal of an insurance adjuster in an emergency situation?
What is the primary goal of an insurance adjuster in an emergency situation?
What type of property policy would a recently retired client need who sold their home and purchased a life lease unit in a cooperative building?
What type of property policy would a recently retired client need who sold their home and purchased a life lease unit in a cooperative building?
Why would a life lease unit in a cooperative building not be covered by a Homeowners Policy?
Why would a life lease unit in a cooperative building not be covered by a Homeowners Policy?
What is a key distinguishing feature of a life lease unit in a cooperative building?
What is a key distinguishing feature of a life lease unit in a cooperative building?
What is the primary reason a Rented Dwelling Property Policy would not be suitable for a life lease unit in a cooperative building?
What is the primary reason a Rented Dwelling Property Policy would not be suitable for a life lease unit in a cooperative building?
What is the key difference between a Condominium Unit Owners Policy and a Tenant Policy?
What is the key difference between a Condominium Unit Owners Policy and a Tenant Policy?
Under which circumstance can senior citizens purchase travel health insurance?
Under which circumstance can senior citizens purchase travel health insurance?
Which coverage is typically excluded from an outbound travel health policy?
Which coverage is typically excluded from an outbound travel health policy?
If a landlord is responsible for a fire that damages a tenant's property, what is true regarding coverage under the tenant's policy?
If a landlord is responsible for a fire that damages a tenant's property, what is true regarding coverage under the tenant's policy?
What is the purpose of the 'Pair and Set' clause in a Property insurance policy?
What is the purpose of the 'Pair and Set' clause in a Property insurance policy?
What is a potential consequence of signing a waiver that releases a landlord from liability for injury or damage occurring on the premises?
What is a potential consequence of signing a waiver that releases a landlord from liability for injury or damage occurring on the premises?
What type of insurance policy would cover a tenant's personal belongings in a rented apartment?
What type of insurance policy would cover a tenant's personal belongings in a rented apartment?
