Types of Casualty Policies Quiz
LDIT Team
Created on May 21, 2023
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Transcript
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Types of Casualty Policies QUIZ
Help the shepherd dog to collect all the farm animals.
Cancellation and Nonrenewal
Suit against the insurer
This condition states that no suit may be brought against the insurer unless the insured has fully complied with all policy conditions and the action is started within two years of the date of the loss. Which type of condition is this?
question 1/10
Which of the following is not covered under Broad Form?
question 2/10
Freezing of plumbing
Damage by burglars
Dismantling of pole
In addition to the special limits, certain types of property are specifically excluded from coverage. Which of the following properties is covered by the broad theft endorsement?
question 3/10
Silver, silver-plated ware, gold, gold-plated ware
Credit cards and fund transfer cards
Property of the tenants, roomers, and boarders (other than relatives)
Which of the following is not covered under Special Form?
question 4/10
Fire or lightning
Damage to a roof caused by freezing
Theft of property that is part of the dwelling
There are general exclusions that define the actual extent of coverage provided. Which of the following is not part of the exclusions for this policy?
question 5/10
question 6/10
Conditions
Special Form
Aside from the general exclusions, there are two more situations that are excluded from the policy. Where can these be found?
Pair or Set
Loss Settlement
Liberalization
The insurer can elect to repair or replace a missing piece to restore the set to the value prior to the loss? Which type of condition is this?
question 7/10
Which of the following is not covered under Basic Form?
question 8/10
question 9/10
One deductible
Two deductibles
A volcanic eruption happened on Monday. Unfortunately, it erupted again the next day and the following day. How many deductibles will an insured get?
Suit against the insurer
Insurer’s option to repair or replace
Insurable interest and limit of insurance
The insurer has the option to fix and exchange any part of a damaged property with like property by providing written notice to the insured within 30 days from receiving signed, sworn proof of loss. Which type of condition is this?
question 10/10
You have collected all the farm animals andhere is a gift to play with them.
well done!
Place the animals
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