瑞达 Rejda 保险教材英文练习题10

瑞达Rejda保险教材英文练习题10瑞达Rejda保险教材英文练习题10瑞达Rejda保险教材英文练习题10资料仅供参考文件编号：2022年4月瑞达Rejda保险教材英文练习题10版本号：A修改号：1页次：1.0审核：批准:发布日期：PrinciplesofRiskManagementandInsurance,11e(Rejda)Chapter10AnalysisofInsuranceContracts1)TheportionofapropertyandliabilityinsurancecontractthatcontainsinformationaboutthepropertyoractivitytobeinsurediscalledtheA)declarations.B)insuringagreement.C)exclusions.D)conditions.Answer:AQuestionStatus:PreviousEdition2)WhatinformationiscontainedintheinsuringagreementofaninsurancepolicyA)adescriptionofthepropertyorlifetobeinsuredB)asummaryofthemajorpromisesoftheinsurerC)asummaryoftheobligationsoftheinsuredD)alistoftheproperty,losses,andperilsthatarenotcoveredAnswer:BQuestionStatus:PreviousEdition3)Whichofthefollowingstatementsabout"all-risks"coverageis(are)trueI. Alllossesarecoveredexceptthoselossesspecificallyexcluded.II. Theburdenofproofisontheinsuredtoprovethatalossiscovered.A)IonlyB)IIonlyC)bothIandIID)neitherInorIIAnswer:AQuestionStatus:PreviousEdition4)TheexclusionoffloodinahomeownerspolicyisanexampleofanA)excludedactivity.B)excludedcondition.C)excludedproperty.D)excludedperil.Answer:DQuestionStatus:PreviousEdition5)ExclusionsareusedininsurancepoliciesforallofthefollowingreasonsEXCEPTA)toreducemoralhazard.B)towaivepolicyconditions.C)toeliminatecoverageforuninsurableperils.D)toeliminatecoveragenotneededbytypicalinsureds.Answer:BQuestionStatus:PreviousEdition

6)ReasonswhyaperilmaybeconsidereduninsurableandthereforeexcludedfrominsurancecontractsincludewhichofthefollowingI. Thelossesfromtheoccurrenceoftheperilmaybeduetoapredictabledeclineinvalue.II. Thelossesfromtheoccurrenceoftheperilmaybeincalculableandcatastrophic.A)IonlyB)IIonlyC)bothIandIID)neitherInorIIAnswer:CQuestionStatus:PreviousEdition7)Thepolicyprovisionrequiringthefilingofproofoflosswiththeinsurerisanexampleofa(n)A)declaration.B)condition.C)insuringagreement.D)miscellaneousprovision.Answer:BQuestionStatus:PreviousEdition8)Whichofthefollowingstatementsaboutthedefinitionoftheinsuredis(are)trueI. Insomecases,apersonwhoisnotspecificallynamedmaybeclassifiedasaninsured.II. Undernocircumstancescanmorethanonepersonbenamedasaninsured.A)IonlyB)IIonlyC)bothIandIID)neitherInorIIAnswer:AQuestionStatus:PreviousEdition9)AllofthefollowingstatementsaboutendorsementsandridersaretrueEXCEPTA)Theyareusuallywritten.B)Theycanbeusedtoaddordeletepolicyprovisions.C)Theynormallytakeprecedenceoverotherconflictingpolicyprovisions.D)Theyareprimarilyusedtocircumventlegislationrequiringspecificpolicyprovisions.Answer:DQuestionStatus:PreviousEdition10)DeductiblesareusedinallofthefollowingtypesofinsuranceEXCEPTA)lifeinsurance.B)healthinsurance.C)propertyinsurance.D)automobileinsurance.Answer:AQuestionStatus:PreviousEdition

11)AllofthefollowingarepurposesofdeductiblesEXCEPTA)toeliminatesmallclaims.B)toreducepremiums.C)toreduceattitudinalhazard.D)toexcludeuninsurableperils.Answer:DQuestionStatus:Revised12)Thedeductibleusedforautomobilecollisionlossesisanexampleofa(n)A)corridordeductible.B)eliminationperiod.C)straightdeductible.D)aggregatedeductible.Answer:CQuestionStatus:PreviousEdition13)Whichofthefollowingstatementsaboutacalendar-yeardeductibleis(are)trueI. Itrequirestheinsuredtopayaspecifiedamountofeachclaimregardlessofwhentheclaimoccursduringtheyearandregardlessofanypreviousclaimsduringtheyear.II. Itisusedonlyinpolicieswhichcoverdirectpropertylosses.A)IonlyB)IIonlyC)bothIandIID)neitherInorIIAnswer:DQuestionStatus:PreviousEdition14)Aprovisioninadisabilityincomeinsurancepolicythatrequiresapersontobedisabledfor60daysbeforereceivingbenefitsisanexampleofa(n)A)corridordeductible.B)graceperiod.C)eliminationperiod.D)probationaryperiod.Answer:CQuestionStatus:Revised15)AtwhatpointintimemustaninsuredmeetthecoinsurancerequirementinapropertyinsurancepolicyinordertoavoidhavingtopayaportionofthelossA)onlyatthetimeoflossB)onlyatthetimewhenthepolicyisissuedC)onlyatthetimeofpolicyapplicationD)bothatthetimewhenthepolicyisissuedandatthetimeoflossAnswer:AQuestionStatus:Revised

16)Davidownsacommercialbuildingwithareplacementcostof$4million.Thebuildingisinsuredonareplacementcostbasisfor$3millionunderafireinsurancepolicythathasan80percentcoinsuranceclause.HowmuchwillDavidcollectifthebuildingsustainsacoveredfirelosswithareplacementcostof$320,000A)$266,667B)$275,000C)$300,000D)$320,000Answer:CQuestionStatus:PreviousEdition17)TheprimarypurposeofcoinsuranceinpropertyinsuranceistoA)reducemoralhazard.B)achieveequityinrating.C)minimizeproblemsinsettlingclaims.D)eliminatesmalllosses.Answer:BQuestionStatus:PreviousEdition18)Whichofthefollowingstatementsaboutproblemsarisingfromtheuseofacoinsuranceclauseis(are)trueI. Theamountofinsuranceshouldbeperiodicallyevaluatedtoavoidacoinsurancepenaltybecauseofinflation.II. Anagreedvaluecoverageoptionisonemethodusedtosolvetheproblemofvaluesthatfluctuatethroughoutthepolicyterm.A)IonlyB)IIonlyC)bothIandIID)neitherInorIIAnswer:CQuestionStatus:PreviousEdition19)Conniehasamajormedicalpolicywitha$200deductibleanda75-25coinsuranceclause.Ifshehaseligiblemedicalexpensesof$10,000,howmuchwillbepaidbyherinsurerA)$7,300B)$7,350C)$7,500D)$9,800Answer:BQuestionStatus:PreviousEdition

20)PurposesofthecoinsuranceclauseinhealthinsurancecontractsincludewhichofthefollowingI. Toreducepremiums.II. Toexcludecoverageforcertainmedicalprocedures.A)IonlyB)IIonlyC)bothIandIID)neitherInorIIAnswer:AQuestionStatus:PreviousEdition21)Thepurposeofother-insuranceprovisionsistoA)eliminatetheneedfordeductibles.B)penalizethoseinsuredswhocarryinadequateamountsofinsurance.C)specifywhowillpaylossesiftheinsurerisbankrupt.D)preservetheprincipleofindemnity.Answer:DQuestionStatus:PreviousEdition22)Lisahasthreefireinsurancepoliciesonherofficebuilding.ThepolicyfromcompanyAisfor$400,000,andthepoliciesfromcompaniesBandCarefor$100,000each.IfLisahasa$360,000loss,howmuchofthelosswillbecoveredbyeachpolicyifthelossissettledonaproratabasisbytheinsurersA)eachpolicy:$120,000B)policyA:$160,000;policiesBandC:$100,000eachC)policyA:$240,000;policiesBandC:$60,000eachD)policyA:$360,000;policiesBandC:nothingAnswer:CQuestionStatus:PreviousEdition23)Kevinhasthreeliabilitypolicieswhichprovideforcontributionbyequalsharesifotherinsuranceappliestoaloss.Howmuchwilleachpolicypayfora$3,000,000liabilityjudgmentifpolicyAprovides$500,000ofcoverage,policyBprovides$1,000,000ofcoverage,andpolicyCprovides$3,000,000ofcoverageA)Eachpolicywillpay$500,000,andKevinmustpaytheremaining$1,500,000.B)PolicyAwillpay$500,000,policiesBandCwilleachpay$1,000,000,andKevinmustpaytheremaining$500,000.C)PolicyAwillpaynothing,policyBwillpay$1,000,000,andpolicyCwillpay$2,000,000.D)PolicyAwillpay$500,000,policyBwillpay$1,000,000,andpolicyCwillpay$1,500,000.Answer:DQuestionStatus:PreviousEdition

24)HelenandJohnbothownautomobilesonwhichtheycarryliabilityinsurance.IfHelenisnegligentandhasanaccidentwhiledrivingJohn'scar,howwilleachinsurerrespondtoanyliabilityjudgmentagainstHelenA)Theinsurerswillpaythejudgmentonaproratabasis.B)John'sinsurerwillpayonanexcessbasisifHelen'sinsuranceisinsufficienttocoverthejudgment.C)Helen'sinsurancewillpayonanexcessbasisifJohn'sinsuranceisinsufficienttocoverthejudgment.D)Thepolicieswillpaythejudgmentonthebasisofcontributionbyequalshares.Answer:CQuestionStatus:PreviousEdition25)Kateiscoveredunderheremployer'sgrouphealthplan.Sheisalsocoveredasadependentunderherhusband'sgrouphealthplan.Undertheusualcoordination-of-benefitsprovision,howwilleachcompanyrespondtoaclaimfiledbyKateA)Kate'splanisprimary,andherhusband'splanisexcess.B)Herhusband'splanisprimary,andKate'splanisexcess.C)Theplanofthepersonwiththebirthdayearliestintheyearpaysfirst,andtheotherplanisexcess.D)Eachplanwillpay50percentoftheclaim.Answer:AQuestionStatus:PreviousEdition26)Eric'spropertywasdamagedinanaccident.Hephonedhisagenttoseeifthelosswascoveredunderhispropertyinsurancepolicy.Theagentsaid,"Aslongasthecauseoflossisnotspecificallyexcludedinthepolicy,thelossiscovered."Basedontheagent'sanswer,whattypeofinsuringagreementappearsinthepolicyA)unconditionalcoverageB)named-perilscoverageC)extended-perilscoverageD)"all-risks"coverageAnswer:DQuestionStatus:PreviousEdition27)Janethitawallcausingalargedentinthefenderofhercar.Shewasbusyatworkanddelayedreportingthedamagetoherinsurerfor9months.Theinsurerdeniedtheclaim,stating,"Althoughsuchalossisusuallycovered,youarerequiredunderthetermsofthecontracttoprovidepromptnotificationincaseofloss."Thepromptnotificationrequirementisanexampleofa(n)A)declaration.B)definition.C)insuringagreement.D)condition.Answer:DQuestionStatus:PreviousEdition

28)Markreviewedhishomeownerspolicy.Helearnedthathispersonalpropertywasinsuredonanactualcashvaluebasis.Hewouldlikereplacementcostcoverageontheproperty.Hecontactedhisagentwhosaid,"I'llsimplyaddanamendmenttoyourcontractthatchangesthebasisofrecoverytoreplacementcost."Thewrittenprovisiontheagentwasreferringtoiscalleda(n)A)endorsement.B)coinsuranceclause.C)binder.D)deductible.Answer:AQuestionStatus:PreviousEdition29)UnderthetermsofJenny'sautoinsurancepolicy,shemustpaythefirst$500ofanyphysicaldamagelosstohervehiclebeforeherinsurerwillpayanything.WhattypeofdeductibleisincludedinJenny'sautoinsurancepolicyA)calendar-yeardeductibleB)corridordeductibleC)straightdeductibleD)aggregatedeductibleAnswer:CQuestionStatus:PreviousEdition30)Shaunahurtherbackandwasunabletowork.Shefiledaclaimunderherdisabilityincomeinsurancepolicy.Undertermsofthepolicy,60daysmustpassbetweenthedateoftheinjuryandwhentheinsurerbeginstoreplacelostearnings.This60-dayperiodiscalleda(n)A)graceperiod.B)enrollmentperiod.C)probationaryperiod.D)elimination(waiting)period.Answer:DQuestionStatus:PreviousEdition31)ABCCompanyinsureditsbuildingonareplacementcostbasisfor$700,000underapropertyinsurancepolicythatincludedan80percentcoinsuranceclause.Thebuildinghadareplacementcostof$1millionwhenitsustaineda$40,000loss.HowmuchwillABCCompanyreceivefromitsinsurer,assumingnodeductibleappliesA)$33,333B)$35,000C)$36,000D)$40,000Answer:BQuestionStatus:PreviousEdition

32)XYZCompanyinsureditsbuildingonareplacementcostbasisfor$450,000underapropertyinsurancepolicythatincludedan80percentcoinsuranceclause.Thebuildinghadareplacementcostof$500,000whenitsustaineda$50,000loss.HowmuchwillXYZCompanyreceivefromitsinsurer,assumingnodeductibleappliesA)$42,500B)$45,000C)$50,000D)$56,250Answer:CQuestionStatus:PreviousEdition33)Laura'smajormedicalinsurancepolicyincludesa$500deductibleandan80-20coinsuranceclause.Laurawashospitalizedandhercoveredmedicalexpenseswere$10,500.Howmuchofthe$10,500willbepaidbytheinsurerunderLaura'smajormedicalpolicyA)$7,500B)$7,900C)$8,000D)$10,000Answer:CQuestionStatus:PreviousEdition34)Jamespurchasedliabilityinsurancewitha$100,000limitfromInsurerA.WhenInsurerAdeniedaclaimthatJamesthoughtshouldbecovered,heboughtasecondliabilityinsurancepolicywitha$150,000limitfromInsurerB.BeforehecancelledthepolicywithInsurerA,a$60,000lossoccurred.Ifthislossissettledonaproratabasis,howmuchmusteachinsurerpayA)InsurerAwillpay$10,000andInsurerBwillpay$50,000.B)InsurerAwillpay$20,000andInsurerBwillpay$40,000.C)InsurerAwillpay$24,000andInsurerBwillpay$36,000.D)InsurerAwillpay$40,000andInsurerBwillpay$20,000.Answer:CQuestionStatus:PreviousEdition35)Janepurchaseda$50,000liabilityinsurancepolicyfromInsurerA.Fearingthatshedidnothaveenoughliabilityinsurance,shepurchasedanadditional$100,000ofliabilitycoveragefromInsurerB.Asaresultofhernegligence,Janewasorderedtopay$75,000indamages.AssumingthecoveragefromInsurerAisprimaryandthecoveragefromInsurerBisexcess,howwillthisclaimbesettledA)InsurerAwillpay$50,000andInsurerBwillpay$25,000.B)InsurerAwillpay$37,500andInsurerBwillpay$37,500.C)InsurerAwillpay$25,000andInsurerBwillpay$50,000.D)InsurerAwillpaynothingandInsurerBwillpay$75,000.