BOP General
BOP Eligibility
BOP Entry
Series 3
RFA
100

What does BOP stand for?

What is Businessowners Policy

100

How many steps are in the "Review for Eligibility/Acceptability – SE New Business Quote Marketer" step?

7

100

What limit is always quoted for Businessowners Liability?

What is 1,000,000

100

When you are ready to issue a quote what do you select in Series 3?

What is folder, host processing, quote issue

100

What does RFA stand for?

What is Rating Factor Application

200

What does PPC stand for?

Public protection class

200

Which step in Eligibility do you look in Secretary of State for the named insured, trade name, DBA's or Additional named insured?

What is step 2

200

Which coverage is always added on the Businessowners Coverage document when receipts are entered in on the Businessowners Building document?

What is Liability

200

What is the quick key for Legal Liability - Building?

What is LL

200

After the worksheet is generated you will have 2 different mods.  What are these?


Bonus:  Which screen in Series 3 do you enter these mods?

BOP Risk Hazard Factor = Total Risk Hazard Factor

Schedule Rating Record - BOP = IRPM


Bonus: Policyholder Coverage Part, Rate Modification window

300
What is the Select Express Quote turnaround?
What is 48 hrs
300

What is the deciding factor for when you would look up a BCEG?

What is the year built is after 1995.

300

What documents should always be added on a BOP in Series 3?

Policyholder Contact

Location Schedule

Businessowners Coverage Part Document

Businessowners Building Document

Businessowners Coverage Document

300

Which window in Series 3 do you enter your receipts for a location on your Businessowners Building Document?

What is Additional Information up arrow

300

After you complete the RFA where do these worksheets get indexed in CSI for quote?

What is Quote - Right Report and Quote/RQ/NB Strategy folder

400

the quote effective date has to be ______________?

What is today's date or later

400

When you review for notes from a Process Quote 2 where are the Underwriter notes found?

  • What is Cover Letter
400

Which states do you add Mine Subsidence to if indicated in Rates/Rules?

What is Illinois, Indiana, Kentucky, West Virginia

400

Which coverages do we round to the nearest $1000?


Bonus:  What are 2 examples of these coverages?

What is property


Bonus: Building and BPP

400

Which page of the right report do you find the program questions? (Note: these questions are specific to each TOB)

What is Additional General Information page.

500

How many BOP's are created for each quote you process?

Bonus:  What do we call the different coverage levels?

What is 3

What is Bronze, Silver and Gold

500

Determine if the Property Line Limit is acceptable - What form do you need to complete if you have a PPC 2 and your receipts exceed 6,000,000?

What is WF-374

500

If legal liability coverage is requested on the building, the policy has to have more than what amount to be added to the policy?

What is 100,000

500

When entering Inland Marine what deductible do you enter for business owned watercraft, contractors equipment and installation floater. 

What is the property deductible

500

For prior BOP Property losses in RFA where on the right report do you look for this information?


Bonus:  Which claims are counted?

What is Loss Declarations tab of the right report.


Bonus: Property, Inland marine, Crime and General Liability