What acronym(s) can be used to list terrorism coverage?
TRIA, TRIPA, TRIPRA
What is the coverage code for Vacant Building – Commercial?
2020
What is the coverage code for Flood – Commercial?
2200
Who is displayed on the U.S. penny?
Abraham Lincoln
BAT 8 Back-Up Manager
Margaret
What is the difference between 2300 TERRORISM and 2301 SPECIAL MULTI-PERIL WITH TERRORISM?
2300 TERRORISM – used for stand alone terrorism, which means terrorism is the only coverage for the policy.
2301 SPECIAL MULTI-PERIL WITH TERRORISM – used when terrorism is a coverage on a policy along with another coverage/other coverages
True or False? Even if the dec page doesn’t have vacant building wording, a property coverage can be exported to a vacant building coverage if the description of risk on the SL forms states vacant building.
True
What coverage code should be used for a Flood policy for a single family home that’s being rented out?
2800 Flood - Personal
Who is the Roman god of love?
Cupid
Data Analysis Trainers
Ivan and Alyssa
What does the acronym TRIA stand for?
Terrorism Risk Insurance Act
Can vacant land be exported to a vacant building coverage?
No, vacant land cannot be exported.
For a flood policy, when checking the admitted companies on the SL2 form what class of insurance should we look for?
Miscellaneous
What is the world’s largest non-flying bird?
Ostrich
Data Analysis AVPs
Candace, Paul, and Sandhya
True or False? If terrorism is listed with an export coverage and an SL2 form is provided we should review the SL2 form.
False
Under what circumstances can Vacant Building coverage be included in 2002 Special Multi-Peril Package?
If no premium breakdown is provided.
Do Flood – Commercial and Flood – Personal coverages include excess?
No, Flood – Commercial and Flood – Personal coverages do not include excess.
There are 4 Teletubbies. There is Dipsy, Po, and Tinky-Winky. What is the name of the last Teletubby?
Laa-Laa
Name 4 Acrisure entity acquired accounts in BAT 8 accounts
Wholesure, Reliance Risk, Wilhelm Risk, Appalachian
True or False? If TRIA is stated on the dec page, accepted or denied, the coverage will be considered commercial.
True
What is used to determine between the Vacant Building – Commercial and Vacant Building – Personal coverage codes?
The property type of the insured property. Commercial buildings should be coded 2020 Vacant Building – Commercial and residential buildings should be coded 2640 Vacant Building – Personal.
What is used to determine between the Flood – Commercial and Flood – Personal coverage codes?
The property type of the insured property. Commercial buildings should be coded 2200 Flood – Commercial and residential building should be coded 2800 Flood – Personal.
What should you do if you’re indoors during an earthquake? (___, ___, and ___)
Drop, Cover, and Hold on
SLACAL new chairman
John Washington