Pearson Vue: Casualty Insurance Practice Exam Questions And Correct Answers

Which of the following coverages may be written with Workers Compensation? A. Products B. Contractual C. Employers Liability D. Completed Operations {Ans: C}After paying a claim, an insurance company may have the right to pursue legal action against the negligent party. This right is called: A. assignment B. other insurance C. subrogation D. action against the company {Ans: C}Which of the following vehicles is considered a covered auto under a Personal Auto Policy? A. A vehicle used by the insured to transport passengers to and from an airport for a fee B. The insured's all-terrain vehicle with three wheels C. A replacement car purchased by the insured a week ago but not yet reported to the insurance company D. A company car provided to the insured by an employer {Ans: C}Investment consultants should purchase which of the following policies to protect themselves from errors and omissions claims? A. Owners and Contractors Protective Liability B. Premises and Operations Liability C. Professional Liability D. Products and Completed Operations Liability {Ans: C}A policyholder would expect to find which of the following information in the Insuring Agreement section of an auto policy? A. Bodily Injury limits of liability B. The