Free Other Types of Property and Casualty Practice Questions
North Dakota Property & Casualty exam — 70 practice questions.
Subtopics: Directors and officers, Employment practices, Cyber liability, NFIP waiting period, NFIP renewal grace, 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, 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. A corporation wants to protect its board members against lawsuits alleging poor management decisions. Which coverage is designed for this?
Directors and officers liability
D&O liability covers directors and officers against claims arising from their decisions and acts in managing the organization.
2. Employment practices liability insurance (EPLI) typically covers claims such as:
Wrongful termination, discrimination, and harassment
EPLI covers employment-related claims such as wrongful termination, discrimination, and harassment.
3. Cyber liability insurance is most likely to respond to:
A data breach exposing customer information
Cyber liability covers losses and liability arising from data breaches and other cyber incidents.
4. In general, a new National Flood Insurance Program policy takes effect how long after the date of purchase?
30 days
FEMA's FloodSmart site states that flood coverage generally goes into effect 30 days after the date of purchase, with a few exceptions.
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.
