In which of the following instances would pollution liability be covered under a business auto policy?

A.When pollutants are being transported in a semi-trailer

B.When pollutants are being moved from or onto a covered auto

C.When pollution results due to the normal mechanical functioning of a covered auto

D.While pollutants are being stored in a covered auto

Answer: C.When pollution results due to the normal mechanical functioning of a covered auto

Casualty

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay? a) $0 b) $30,000 c) $32,000 d) $40,000 Answer: B

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A domestic insurer issuing variable contracts must establish one or more
All of the following statements concerning the use of life insurance as an Executive Bonus are correct EXCEPT
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Life insurance policies will normally pay for losses arising from
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How many pair of glasses in a 12-month period will a vision expense insurance plan cover?
The voluntary relinquishment of a legal right is called
What documentation grants express authority to an agent?
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Who is responsible for assembling the policy forms for insureds?
Life income joint and survivor settlement option guarantees
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The requirement that agents not commingle insurance monies with their own funds is known as
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What is the purpose of establishing the target premium for a universal life policy?
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