CA PROPERTY & CASUALTY EXAM QUESTIONS CONTAINING 114 TERMS WITH DEFINITIVE SOLUTIONS

CA PROPERTY & CASUALTY EXAM QUESTIONS CONTAINING 114 TERMS WITH DEFINITIVE SOLUTIONS
Question : Contributory Plan
Correct answer: Used in a group Insurance. Employee and
employers share in the paying of premiums
Question : What do DP-1, DP-2, DP-3 All 3 dwelling forms
cover?
Correct answer: Loss of rental income
Question : Comparative Negligence
Correct answer: You can file a claim, but damages are
reduced based on that party's negligence.
Question : What has a single limit?
Correct answer: Property Damage.
Question : Ordinance or law
Correct answer: An endorsement for building code upgrades.
Question : What is the penalty for not carrying the amount
required in a co-insurance clause?

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