Property And Casualty Practice Exam Latest

Property And Casualty Practice Exam Latest Update 2025-2026 Questions and 100% Verified Correct Answers Guaranteed A+

• 1/252 Questions Which insurance company department is responsible for paying insureds' covered losses?

• Audit
• Claims
• Underwriting
• Reinsurance

Start About This Quiz Ready to ace your Property and Casualty Practice Exam? Dive into our quiz and sharpen your knowledge on insurance principles, policies, and regulations. Whether you're gearing up for your licensing exam or just want to test your understanding of insurance concepts, this quiz has got you covered.

Explore topics like liability coverage, property insurance, risk management, and more. See more

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• 2.

Failure to use the care that is required to protect others from the unreasonable chance of harm is called what?

• Proximate cause
• Negligence
• A criminal act
• An intervening cause

Correct Answer

• Negligence

Explanation B is correct. Negligence is the lack of reasonable care that is required to protect others from the unreasonable chance of harm.

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• 3.

Which one of the following injuries qualifies as a compensable injury under workers compensation laws?

• A factory worker fractures her arm while working overtime on the

assembly line.

• A hotel maid falls down the stairs while cleaning her own home.
• A secretary accidentally swallows his gum while in the company

lunchroom and chokes when it gets lodged in his windpipe.

• An office manager is injured in a traffic accident on his way to work.

Correct Answer

• A factory worker fractures her arm while working overtime on the assembly line.

Explanation 2 / 3

A is correct. Work-related injuries must arise out of employment and arise in the course of employment to be compensable. Time, place, and circumstances are all considered in making this determination.

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• 4.

Which of the following is a hazard as opposed to a peril?

• Fire
• Lightning
• Wet pavement
• Flood

Correct Answer

• Wet pavement

Explanation Wet pavement is considered a hazard rather than a peril because it poses a risk or danger to individuals. Hazards are conditions or situations that can cause harm, while perils are events or causes of loss. In this case, wet pavement increases the likelihood of accidents or slips, making it a hazard. Fire, lightning, and flood are all perils as they are specific events or causes of damage or loss.

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• 5.

Which insurance company department is responsible for accepting and rejecting applications based on company standards?

• Underwriting
• Loss Control
• Claims
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