Free Other Types of Property and Casualty Practice Questions
Kansas Property & Casualty exam (series 12-KS-06) — 76 practice questions.
Subtopics: Surety bond, Inland marine, Professional liability, Inland marine definition, Builders risk, FAIR plan, Crop insurance, Umbrella and excess, Surety bonds, Flood insurance, Specialty liability, Ocean marine, Alternative markets, Difference in conditions, Aviation, Directors and officers, Employment practices liability, Cyber liability, Boiler and machinery, Fidelity bonds, Inland marine floater, Title insurance, Yacht coverage, Surplus lines, Errors and omissions, Farmowners, Terrorism coverage, Mobile home, Residual markets, Surety bond parties, Payment bonds, License and permit bonds, Judicial bonds, Miller Act bonds, Bid bonds, Inland marine scope, General average, Jettison, Barratry, Perils of the sea, Jeweler's block, Transit coverage, Inland marine conditions, Ocean marine scope, Boat owners package, Aviation insurance, Aircraft liability
Read the Other Types of Property and Casualty study guide
Sample questions & answers
1. In a surety bond, the party that guarantees the performance of an obligation is the:
Surety
The surety guarantees to the obligee that the principal will perform the underlying obligation.
2. Inland marine coverage is commonly used to insure:
Movable property and property in transit over land
Inland marine covers movable property and property in transit over land, among other specialized exposures.
3. Errors and omissions (professional liability) insurance covers claims arising from:
Negligent acts or errors in professional services
Errors and omissions insurance covers claims of negligence or mistakes in rendering professional services.
4. Under K.A.R. 40-3-22, an inland marine wedding present policy may cover the gifts for up to:
90 days after the wedding day
K.A.R. 40-3-22(c)(5)(F) lists a wedding present policy for up to 90 days after the wedding day as a permitted individual inland marine policy.
All Property & Casualty topics
Practice: Other Types of Property and Casualty
Answer choices are shuffled every time, and every question comes with an explanation.
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.
