O'Reilly logo

Property and Casualty Insurance License Exam Cram™ by BISYS Educational Services

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 21. Answers to Practice Exam 1

Quick Check Answer Key 1

1. B

2. B

3. C

4. C

5. C

6. B

7. D

8. A

9. D

10. B

11. D

12. B

13. B

14. B

15. C

16. A

17. B

18. D

19. B

20. C

21. C

22. A

23. B

24. A

25. B

26. B

27. A

28. B

29. B

30. C

31. C

32. C

33. A

34. A

35. A

36. A

37. A

38. B

39. A

40. D

41. A

42. B

43. C

44. B

45. A

46. C

47. D

48. A

49. A

50. B

Answers and Explanations

A1:

Answer B is correct. Reciprocal insurers consist of members who are unincorporated and collectively share losses and provide insurance to themselves. Lloyd's Associations are syndicates of insurance underwriters, and mutual and multi-line insurers are examples of traditional insurance companies.

A2:

Answer B is correct. Under homeowners coverage for medical payments to others, injuries to the named insured, family members, ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required