DP_IM_Umbrella_summer_2007 - Practice exam - Dwelling...

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Practice exam - Dwelling Policy, IM, Umbrella - summer 2007 Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Which of the following statements about Dwelling Property 3 (special form) is (are) true? I. Personal property is covered on an ʺ open perils ʺ (all risks) basis. II. The dwelling and other structures are covered only for those perils specifically named in the policy. A) I only B) II only C) both I and II D) neither I nor II 1) 2) Which of the following coverages are provided by an unendorsed ISO Dwelling Program form? I. Theft of personal property II. Personal liability insurance A) I only B) II only C) both I and II D) neither I nor II 2) 3) All of the following are characteristics of most inland marine floater policies EXCEPT A) Coverage is normally written on a named - perils basis. B) Covered property is insured anywhere in the world. C) The insurance can be tailored to the specific type of personal property insured.
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This note was uploaded on 04/07/2008 for the course RM 357E taught by Professor Arnold during the Spring '08 term at University of Texas at Austin.

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DP_IM_Umbrella_summer_2007 - Practice exam - Dwelling...

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