On a PAP, all of the following are true about uninsured motorist (UM) coverage EXCEPT:

A.It pays regardless of fault

B.A UM claim is turned into the insured's own insurance company

C.It covers injuries sustained by an insured when a hit-and-run driver is involved

D.It cannot be written for more than the insured's limits for bodily injury liability

Answer: A.It pays regardless of fault

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? 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
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A beneficiary change can occur
No existing agent's license will be revoked until
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In an insurance contract, the applicant's "consideration" is the
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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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The authority granted to a licensed producer is provided via the
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The pro rata liability clause is designed to protect the principle of
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What documentation grants express authority to an agent?

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