Which of the following would be covered under a business liability insurance policy?
a. Bodily Injury resulting from environmental pollution
b. Loss of electric data due to a burglary
c. Bodily injury to an employee covered by workers compensation
d. Damage to a watercraft while on shore at the insured's premises
d. Damage to a watercraft while on shore at the insured's premises
Under the personal auto policy, liability for bodily injury resulting from the insured's use of a nonowned automobile is
a. Shared on a pro rata basis
b. Provided by the insured's policy on a primary basis
c. Provided by the insureds policy on a primary basis
d. Not covered
c. Provided by the insureds policy on a primary basis
In order to be covered by the U.S. Longshore and Harbor Workers Compensation Act, a worker mush meet the requirements of the
a. Maritime & navigable waters test
b. Wharf and Pier test
c. Loading and unloading test
d. Situs and Status test
d. Situs and Status test
Who is NOT an insured for liability on a BAP?
a. The owner of a car the insured borrows
b. Anyone using a covered auto with permission
c. Anyone liable for the conduct of the insured
d. The named insured in any covered auto
a. The owner of a car the insured borrows
An automobile liability policy that is purchased to satisfy the requirements of the WI Financial Responsibility Law must contain all of the following coverages EXCEPT
a. Medical payments
b. Uninsured motorist coverage
c. Liability insurance for bodily injury
d. Liability insurance for property damage
a. Medical payments
The members of a limited liability company are insureds under a businessowners policy (BOP) if
a. Each individual is listed as a named insured on the policy
b. A single individual member of the limited liability company is listed as the named insured
c. Members of a limited liability company cannot be insured under a BOP
d. The limited liability company is designated as the named insured
d. The limited liability company is designated as the named insured
Under a business owners policy, the inspections and surveys condition specifies all of the following EXCEPT
a. The insurer does not have the right to inspect the insured's property and operations
b. The insurer does not make safety inspections for the insured
c. The insurer does not guarantee that conditions are safe or healthful
d. The insurer does not guarantee that the insured is meeting all required safety regulations
a. The insurer does not have the right to inspect the insured's property and operations
All of the following are conditions commonly found in the insurance policy EXCEPT
a. Appraisal
b. Insuring agreement
c. Cancellation and nonrenewal
d. Subrogation
b. Insuring agreement
Using an air-cooled engine, a proposed insured has developed a new, experimental aircraft. If the inventor applies for liability insurance, what rating type will the insurer most likely use?
a. Class
b. Schedule
c. Merit
d. Judgement
d. Judgement