Inland Marine
Ocean Marine Cargo coverage is written on a ______________ risk form.
what is single
The insured may have up to ___ roomers or boarders.
It take __ hours for Transportation Expense coverage to begin after a Theft loss
what is 48
Failure to carry required WC insurance is a ____ degree felony
What is third
Medicare Supplement Insurance has to be be returnable within __ days of purchase for a full premium refund.
What is 30
Wind, waves, collision, stranding, sinking, and other water related accidents describe these kinds of perils
What is Perils of the Sea
Deductibles apply on a _________ basis
per occurrence basis
Under this "plan" lowest rates apply if all family operators have had no accidents or serious traffic violations during a prior three year period.
What is the safe driver insurance plan
Casual labor is work that is to be completed in not over 10 days, at a total labor cost of less than $___, and where the work is not in the course of the employer's normal business.
What is 500
After a policy has been reinstated, coverage for sickness is subject to a __-day waiting period but injuries are coverage immediately.
What is 10
With the Floating or Open Form of Ocean Marine Insurance the insured uses "this" kind of form to declare exposure to insurer.
What is reporting
Homeowners insurance premiums are rated on three main elements
What is Fire Protection, construction, geographical location
The insurer has __ days to return the insured's pro-rata premium after receiving a formal notice from an insured
What is 30
Under Florida's Workers' Compensation laws corporations in the construction industry can exempt no more than _ officers and those officers must own a minimum of 10% of the corporation.
what is 3
While optionally renewable means a policy cannot be cancellable during the term, Guaranteed Renewable means that the policy can be renewable based on this characteristic of an insured
What is a stated attained age
Ocean Marine Liability is apportioned on a ____________________________ basis?
What is Pure Comparative Negligence
DP-1 policy conditions include a stipulation for losses involving other insurance on a _________ basis
What is pro rata share
The medical benefits paid under Personal Injury Protection are up to ____% of reasonable expenses for necessary medical services.
What is 80%
A penalty for not having WC may be assessed equal to _ times what the employer would have paid in premiums. OR
A $____ fine for each day of non-compliance (whichever is greater)
What is 2 & $1000
The Waiver of Premium provision waives the required payment of premiums if the insured becomes ________ __________ AND the policy remains in force.
What is totally disabled
Which coverage protects against the loss by fraud or deliberate act by the master or the crew with the intention of reaping gains at the expense of the ship's owner
What is Barratry
The Vandalism endorsement in the DP-1 policy does not provide any coverage if the building was vacant for ___ or more consecutive days immediately preceding a loss.
what is 60
Shelby was injured in an auto accident and has $90,000 in injuries and has a $1,000 PIP deductible. Based on this, Shelby will receive $____ as a claims payout from her insurance company
$10,000 ($90,000 injuries - $1,000 deductible = $89,000 X 80% = $71,200 available for payment
but the maximum PIP benefit is $10,000)
Disability Benefits are calculated on the "average weekly wage". Calculation of the average weekly wage is the average wage of the __ weeks prior to the loss.
What is 13
The Surgical Expense Insurance policy pays benefits on a _____ basis of and for covered surgical procedures.
What is schedule