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