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LOUISIANA PROPERTY A ND
CASUALTY INSURANCE E XAM
QUESTIONS WITH CORRECT
ANSWERS
Question :The general property policy form is used for other-
residential and non-residential structures and their contents such as
Commercial structures.
Cooperative associations.
Apartment buildings.
Any of the above.
Correct answer:4. Any of the above.
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Question :Under Workers Compensation provisions, the
employer is liable for work related damage to which of the following?. Dentures
- Eyeglasses
- Hearing aids
- All of the above.
Correct answer:4. All of the above.
Question :The Association is obligated to pay up to $10,000
for claims seeking return of unearned premium on
a) Property insurance policies.
b) Casualty insurance policies.
c) Workers Compensation policies.
d) All of the above.
Correct answer:d) All of the above.
Question :With regards to Uninsured/Underinsured Motorist
Coverage, the named insured may
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Reject the coverage.
Select a lower limit of coverage.
Select economic-only coverage.
Any of the above.
Correct answer:4. Any of the above.
Question :Should 2 or more insurers issue a combined
Standard Fire Policy insuring a single risk, in the event of a loss, the insured must notify
Correct answer:Any of the insurers providing coverage.
Question :The policy conditions define
Correct answer:How parties to the contract must act following
a loss.
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Question :Because an insurance policy is a legal contract, it
must conform to the state laws governing contracts which require all of the following elements EXCEPT
Correct answer:Conditions.
Question :The value placed on property insured under a fire
insurance policy is used to determine the policy's
Correct answer:Premium.
Question :Shipbuilders and repairers are covered by the
Correct answer:U.S. Longshore and Harbor Workers
Compensation Act.
Question :Which of the following terms refers to a person's
ability to do some work or the need to do alternative work?
Correct answer:Temporary partial disability
Question :Insurer examinations must occur no less frequently
than every