What type of information would be found in a policy's insuring agreement?
Renewal dates
A deliberate act that causes harm to another person, regardless of whether the harm is intended is called a(n)
Intentional tort.
Under the commercial crime coverage inside the premises - robbery or safe burglary of other property, what is the special per occurrence limit that applies for o loss or damage to precious metals, precious and semiprecious stones, pearls, furs, manuscript
$5,000
If you are called upon to handle the estate of a deceased, the court will require you to post which bond?
Fiduciary
Which of the following is a method of claim settlement used in casualty insurance when the insured and insurer cannot agree on how to settle a claim?
Arbitration
PIP covers all of the following losses EXCEPT
Loss of investment income
Under the business auto coverage form, mobile equipment is covered for liability insurance
when being carried or towed by a covered auto
A date stipulated on the declaration page of a claims-made liability form as the first date on which an incident may occur and be covered by the policy is called
retroactive date
Which of the following acts is NOT considered to constitute an act of transacting insurance?
Filing forms with the Department
If an employer in a state with elective workers compensation laws chooses not to be subject to those laws, what does the employer lose?
Its common law defenses against liability suits
The insured with a claims-made commercial general liability (CGL) policy may request in writing claim and occurrence information from the insurer at any time up to 60 days after the policy period ends. The insurer must provide the information
Within 45 days
A person who is responsible for the administration of a decedent's estate would have a need for a
fiduciary bond
All of the following are true regarding physical damage coverage EXCEPT
The limit of liability is the greater of the actual cash value of the vehicle at the time of loss or the amount necessary to repair or replace the vehicle.
What insurance policy provision defines how the policy will respond if there is more than one insurance policy written on the same risk?
Other insurance
In the personal auto policy, owned trailers being towed by an insured auto are automatically covered for
Uninsured motorist coverage
Which term describes an individual who is domiciled and licensed as a resident producer in a state other than Washington?
Nonresident producer
Driver A has underinsured motorist coverage. His vehicle is damaged by an at-fault motorist, Driver B. One week later, Driver B's company becomes insolvent. Which one of the following will occur?
Driver A's company pays for Driver A's vehicle repairs.