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  4. Other Types of Property and Casualty

Free Other Types of Property and Casualty Practice Questions

Oklahoma Property & Casualty exam — 36 practice questions.

Subtopics: Commercial property, Business auto, Equipment breakdown, Directors and officers, Employment practices, Cyber liability, Umbrella and excess, Surety bonds, Flood insurance, Specialty liability, Ocean marine, Alternative markets, Difference in conditions, Aviation, Professional liability, Employment practices liability, Boiler and machinery, Fidelity bonds, Inland marine floater, Crop insurance, Title insurance, Yacht coverage, Surplus lines, Errors and omissions, Farmowners, Terrorism coverage, Mobile home

Read the Other Types of Property and Casualty study guide

Sample questions & answers

1. A commercial building and personal property coverage form insures:

A business's building and its business personal property against covered perils

The building and personal property coverage form insures a business's building and business personal property against covered causes of loss.

2. A business auto policy uses numbered symbols primarily to:

Indicate which autos are covered for each coverage

Business auto coverage symbols designate which categories of autos are covered for each coverage on the policy.

3. Equipment breakdown (boiler and machinery) coverage primarily protects against loss from:

Sudden mechanical or electrical breakdown of covered equipment

Equipment breakdown coverage pays for loss caused by the sudden and accidental breakdown of covered equipment such as boilers and machinery.

4. Directors and officers (D&O) liability insurance protects:

Directors and officers against claims arising from their management decisions

D&O liability covers directors and officers against claims arising from their decisions and acts in managing the organization.

All Property & Casualty topics

Practice: Other Types of Property and Casualty

Take a randomized, timed-style practice test. Answer choices are shuffled and your results are scored instantly with an explanation for every question.

Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.