Property and Casualty Insurance License Exam Cram™

Chapter 22. Practice Exam 2

Practice Exam 2 Questions

1:	The term “time element coverage” is used when the amount of loss depends on which of the following? A. The time between the date of loss and the policy expiration date B. The time between the policy effective date and date of loss C. The time of year when a seasonal business suffers a loss D. The time it takes to repair, rebuild, or restore damaged property
2:	Which of the following is not one of the common law defenses against an employer's liability? A. Assumption of risk B. Fellow servant rule C. Proximate cause D. Contributory negligence
3:	Vehicles that might be insured by a personal auto policy are described in the eligibility rules and the policy definitions. Each of the following is true about ...