Business Auto
The Business Auto Policy form insures automobile exposures of all businesses other than ___________ or _____________ businesses.
What is garage and trucking
Residual Markets are state created insurance mechanisms to ensure there is a market for "these" kinds of risks (hint: three letter phrase)
What is hard to place
This term, whose abbreviation is C.I.F., assigns responsibility to the seller to obtain all necessary insurances.
What is "Cost, Insurance and Freight"
The Commercial Property Insurance policy requires a __ day notice for non-payment of premium.
What is 10
FL Statutes: Controlled Business is not allowed if more than __% of income is from controlled business.
What is 50
The endorsement covers named parties (i.e. spouse and resident family members) as named insureds for PIP coverage.
What is Named Individuals Broadened PIP
This Hurricane led to the creation of Citizens
What is Hurricane Andrew
Ocean Marine _________ Coverage covers the financial loss of a vessel owner if freight charges are not paid.
What is freight
The Commercial Property policy form Territory includes the United States, Canada and this island
What is Puerto Rico
The coverage territory for Aircraft Liability coverage includes these three countries
What is the US, Canada & Mexico
Your insured advises you they wish to have liability coverage for the use of "any auto". You select symbol _____ to cover this exposure.
What is symbol 1
The FAJUA offers Business Auto coverage including Physical Damage coverage for vehicles under _________ pounds.
What is 10,000
Commercial Inland Marine Annual Transit coverage covers the shipper or __________of goods against loss to goods in transit .
What is receiver
In the Business Income policy the period of restoration begins __ hours after the date of direct damage.
What is 48
This Boiler and Machinery endorsement provides excess coverage over any other liability available insurance.
What is the Bodily Injury Liability Endorsement
This endorsement covers persons named therein (including their spouses) for use of automobiles (1) which are not covered autos under the BAP and (2) which they do not own.
What is Drive Other Car Coverage
Citizens must be __% higher than standard market
what is 20
The Ocean Marine clause which states that the parties with damaged property must bear 100% of the loss for accidental losses caused by stated perils is
What is the Free of Particular Average clause
Which Business Income Option Coverage replaces the Coinsurance condition with the condition that limits the amount of recovery to a fraction of the coverage limit each consecutive thirty days during the period of restoration?
What is the Monthly Limit of Indemnity
Surety Bonds: Which bond is used to guarantee the Principal’s representations as an investment company against defrauding the general public
What is the Blue Sky Bond
The Garage Policy's Section II provides liability coverage less a $___ deductible for work performed by the insured.
What is 100
FWCJUA insureds are entitled to a ___-____ refund if they obtain coverage from an authorized insurer.
What is Pro-rata
Which Commercial Inland Marine policy covers loss to financed merchandise held for sale?
Net Profits Form
Goods for Sale Form
Floor Plan Form
Merchandise Form
What is floor plan form
The Commercial Property policy form will pay up to this amount for "Pollution Clean Up and Removal
What is $10,000
PKG Policies: Under the ISO BOP policy Liability and Medical Payments coverages are written on a ___________ basis
What is per occurence