- | Page
CALIFORNIA PROPERTY AND
CASUALTY EXAM POOL
QUESTIONS & ANSWERS VERIFIED & RATED A+
Question : Which of the following is not a federal
program
Correct answer: Worker' compensation
Question : what of the following is not considered an
intentional tort?
Correct answer: Auto accident
Question : Which of the following statements is true
regarding compensatory damages?
Correct answer: There is usually no direct correlation
between the amount of general and special damages awarded to the victim
Question : an insured's loss reserve for a claim isan
estimate of the amount insurer will pay for present and
- | Page
future loss, which of the following is an example of loss prevention
Correct answer: a homeowner decides not to install a pool
in the backyard
Question : which of the following describes the act of
making a false entry in any book statement of report of any insurer with the intent to device any examiner lawfully appointed to examine the insured's
Correct answer: an unfair practice
Question : a person can base his/her claim for liability on
the basis of all of the following EXCEPT
Correct answer: breach of liability
Question : all of the following are requirements for a
notice by mail to an insured by insurer except
Correct answer: notice must be sent with return receipt
required
- | Page
Question : which of the following is considered special
damages
Correct answer: Compensation for time away from work
Question : Which of the following would be considered
special dmamges?
Correct answer: Lost wages
Question : All of the following would be considered
benfits of insurance except
Correct answer: Retention of loss by the insured
Question : What of the following is NOT one the three
main types of insurance losses
Correct answer: Financial loss
Question : All of the following are characteristics of an
ideally insurable loss exposure"except"
Correct answer: Losses that are catastrophic
- | Page
Question : All of the following are considered intentional
torts
Correct answer: except, Assult
Question : Which type of loss is a business retirement or
disability of key employee, exposed to death retirement or disability of key employee,
Correct answer: Personnel loss exposure
Question : In a commercial lines program policycommon
policy condition do not include which of the following as a condition?,
Correct answer: Perils insured
Question : Which of the following is also know as a
human loss exposure
Correct answer: Personal loss exposure
Question : Which of the following best characterize a
speculative risk?