Unit 9

This inland policy is open peril for the same categories of pers. prop. covered by a HO scheduled property endorsement.

Under the NFIP policy, losses to which of the following could be paid on a replacement cost basis?

Becasue they provided coverage that moves with the property to protect it worldwide, inalne marine forms are also called

The term flood refers to all of the following EXCEPT

Coverage applies for 30 days and the property is covered for 25% of the limit of insurance OR $10k, for all these EXCEPT

Which of these acts much like a deductible and is the amount of loss that the insured must cover out of pocket?

All of these statements regarding the mobile home package policy are correct EXCEPT

The emergency flood program standard deductible is $2,000. What is the standard deductible under the regular program?

Which of these provides additional liability insurance over and above the auto, homeowners, or boat policy?

Which of these is NOT one of the 3 most commonly used inland marine forms?

In a boatowners/watercraft policy, losses are usually paid on

Which form is designed for individuals and families who want to insure their personal belongings while traveling?

Who administers the National Flood Insurance Program (NFIP)?

What is the max amount of dwelling coverage that may be purchased under the emergency flood insurance program?

Which inland marine form provides open peril coverage for the insured's personal property while traveling?

Under the personal articles form, coverage for fine art is 25% of the applicable limit of insurance and applies for

Which of the following would NOT be excluded in a personal watercraft policy?

What is the dtandard deductible under the emergency program of the NFIP?

What are the only types of buidlings that may be insured on a replacement cost basis under a flood program?

Sue's jewelry is insured for $10k. If she buys a new watch valued at $2,500, how much coverage would the watch have?