NJ Property/ Casualty Insurance Exam
Set
With Correct Answers 2023
Which coverage is considered "Good Will" for needed Medical expenses to third
parties? - Answer Coverage C
Barbara was injured in a local supermarket's parking lot by a moving grocery cart
that hit her arm. This will be covered under...
a. premises/ operations
b. occurrence liability
c. claims-made liability
d. premises liability - Answer a. premises/ operations
Todd was injured when he broke his molar on a rock that was in a box of cereal.
What type of exposure does this describe? - Answer Products Completed
Operations Exposure
Who does the Jones Act for Seamen cover? - Answer Must spend no less than 30%
of their time on a boat
What is unique about a qualified Jones Act Seaman? - Answer The seamen may sue
their employer for injuries obtained by their employers' fault
FELA is covered under which section of Worker's Comp? - Answer Section 2
Which of the following would have applied before state Worker's Comp laws were
enacted:
a. Workers had to sue for loss damages & provide proof of their employer's
negligence
b. All work related injuries were covered
c. Payments were paid only for off the job injury
d. No payments for injuries were paid - Answer a. Workers had to sue for loss
damages & provide proof of their employer's negligence
A premium discount is applied to worker's comp when an insured owes a total
standard premium of more than ______. - Answer $5,000
What excess Workers Comp coverage requires a limit of 1 loss or losses from a
single occurrence? - Answer Specific Excess Coverage
If a workers comp or employee liability policy is longer than 1 year and ____ days, all
policy provisions apply like a new policy was issued on each annual anniversary
date. - Answer 16
Which of the following is responsible for the expenses resulting from a Work related
injury under the Workers Comp System?
a. Employee
b. Employee & Employer
c. Employer
d. Employee only if negligent - Answer c. Employer
