California Insurance Practice Test - Free 20 Questions

Question 1

Property is unlawfully taken with the intent to deprive the insured of it. Which broad commercial-crime term applies?

Accepted Answer

Theft definition

Answer

Data restoration coverage

Answer

Causes of Loss Broad Form

Answer

Protective safeguards endorsement

Question 2

Which ocean-marine coverage protects goods being transported over water?

Accepted Answer

Cargo insurance

Answer

Civil authority

Answer

Common policy declarations

Answer

Outside the premises

Question 3

Cash is stolen from a business insured under a BOP. Which property limitation or optional coverage issue must be evaluated?

Accepted Answer

Money and securities limitation

Answer

Inside the premises theft of money and securities

Answer

Contractors equipment floater

Answer

Cargo insurance

Question 4

A check drawn on the insured's account is forged. Which commercial-crime coverage may respond?

Accepted Answer

Forgery or alteration

Answer

Computer fraud

Answer

Special Causes of Loss Form

Answer

Business income

Question 5

A dry cleaner wants coverage for customers' clothing in its custody. Which inland-marine coverage is appropriate?

Accepted Answer

Bailee's customers coverage

Answer

Cargo insurance

Answer

Extended business income

Answer

Hired and nonowned auto liability

Question 6

A covered cyberattack disables a network and interrupts operations. Which first-party cyber coverage addresses lost income and extra expense?

Accepted Answer

Cyber business interruption

Answer

Building and personal property form

Answer

Peak season endorsement

Answer

Extended period of indemnity

Question 7

A covered loss damages important documents that must be researched and restored. Which inland-marine coverage pays these costs?

Accepted Answer

Valuable papers and records

Answer

Spoilage damage

Answer

Business income from dependent properties

Answer

Employee theft

Question 8

Property is taken from an employee by threat of immediate violence. How is the taking classified under a crime form?

Accepted Answer

Robbery definition

Answer

Cyber business interruption

Answer

Causes of Loss Special Form

Answer

Vacancy permit

Question 9

Employees rent cars or use personal autos on company errands. Which optional BOP liability coverage may protect the business?

Accepted Answer

Hired and nonowned auto liability

Answer

Outside the premises

Answer

Installation floater

Answer

Protection and indemnity

Question 10

Which coverage addresses sudden mechanical or electrical breakdown of covered equipment?

Accepted Answer

Equipment breakdown coverage

Answer

Commercial general liability

Answer

Inland marine accounts receivable

Answer

Employee dishonesty

Free California Commercial Practice Test

Question 1 of 10

Property is unlawfully taken with the intent to deprive the insured of it. Which broad commercial-crime term applies?