商业险种第 461 / 531 题
A repair shop insures personal property of others. A covered fire destroys a customer's machine that was in the shop for repair. Payment for that machine is made to:
a.the customer's own insurer first
b.the mortgagee named on the building
c.the named insured, acting as bailee
d.the owner of the property
解析
Personal property of others covers goods in the insured's care, custody or control at the described premises, and the loss is adjusted with and paid to the owner of that property rather than to the business holding it. Paying the named insured would treat the customer's machine as the shop's own property. A mortgagee has rights in the building, not in a customer's equipment, and the customer's own insurer is not a payee under this coverage.
免费刷完整 531 道题库 — 无需注册。
Own the complete California Property & Casualty Broker-Agent guide — PDF + EPUB, $24.99 →
同考点相关题目
- In a commercial package policy, an interline endorsement is one that:
- Under the building and personal property coverage form, which of these is insured as part of the building?
- A tenant pays to install new partitions and lighting in the space it leases. Under a commercial property policy that work is insured as:
- Compared with the basic causes of loss form, the broad form adds coverage for:
- When a commercial property policy uses the special causes of loss form, what must the insurer do to deny a claim for direct physical loss?
- A building with a replacement cost of $600,000 is insured for $360,000 under an 80% coinsurance clause, with a $2,500 deductible. A covered fire causes $90,000 of damage. What does the insurer pay?
最近核对： · 审核流程
PrepPass 团队 · 依据官方资料核对 California Property & Casualty Insurance License Exam · 我们如何核对