Alabama Property And Casualty Insurance | 127 Questions With 100 % Correct Answers | Verified

If a person is using an auto with the belief that he is entitled to do so, subrogation rights under a personal auto policy would apply to all coverages EXCEPT A) No-fault medical payments B) Liability C) Physical Damage D) Uninsured Motorist {Ans: C- Physical Damage}Which of the following is NOT considered an insured contract under the commercial general liability policy? A) An elevator maintenance agreement B) An obligation as required by ordinance to indemnify a municipality, except for work for a municipality C) A written lease agreement on the insured premises D) A written agreement which indemnifies a person for fire damage to the premises rented to the insured {Ans: D}A producer holds both a Life and Health and a Property and Casualty Licenses. How many hours of continuing education will the producer be required to complete every 2 years? {Ans: 24 hours - and licensee holding more than one license is only required to complete 34 hours of CE}An employee drives a company auto, but does not own a vehicle herself. What endorsement could be added to the insurance policy covering the company auto that would provide coverage to the employee when she drives someone