IPCI Indiana Property and Casualty Insurance Exam - Set 4 - Part 3

Test your knowledge of technical writing concepts with these practice questions. Each question includes detailed explanations to help you understand the correct answers.

Question 41: An employee of a machine shop is injured while operating a press and receives the wage replacement and medical care set by the state workers compensation law. She wants to sue her employer in court for a larger recovery. Which doctrine blocks that lawsuit?

The exclusive remedy doctrine

Contributory negligence by the injured worker

The fellow servant rule

Assumption of risk before employment

Question 42: A hospital, a surgeon and a veterinarian each buy professional liability coverage tailored to treating patients, while an accountant and a stockbroker buy the version written for nonmedical work. Which term names the coverage the accountant and the stockbroker purchase?

Medical malpractice insurance

Fiduciary liability insurance

Errors and omissions insurance

Employment practices liability insurance

Question 43: A bookkeeper is rear ended on her regular morning drive from home to the office and breaks her wrist. She files for workers compensation benefits. Under the standard rule on work related injury, how should this claim be treated?

Not payable, the commute is not employment

Payable because she was going to work

Payable only for the medical bills

Payable if her employer owns the car

Question 44: An intruder gains unauthorized access to a retailer's computer system and publishes customer credit card records online, and the retailer now faces claims from the customers whose information was exposed. Which internet liability and network protection coverage responds to these claims?

Website publishing liability

Network security liability

Cyber extortion coverage

Restoration of electronic data

Question 45: A city requires a paving contractor to post a bond before starting a downtown street project, and an insurer issues it. In the language of suretyship, the contractor who makes the promise to perform the work is called which party?

The principal

The obligee

The surety

The insured

Question 46: A personal auto policy definition describes a person who is in a vehicle, upon a vehicle, or getting into, onto, out of, or off of a vehicle. Which term does the policy form use for the status described here?

Owning

Garaging

Operating

Occupying

Question 47: An insured swerves off the road to avoid a car that crossed the centerline and speeds away. No part of the other car ever touched the insured's vehicle. Why might uninsured motorists coverage fail to respond to this claim?

A hit-and-run claim requires contact

The insured failed to buy collision

The accident happened outside the policy territory

Uninsured motorists pays property damage only

Question 48: A driver with no liability insurance at all runs a red light and injures the insured. The insured wants his own policy to pay for his bodily injury. Which personal auto coverage part is designed to respond to that loss?

Part A liability coverage

Part B medical payments coverage

Part D other than collision coverage

Part C uninsured motorists coverage

Question 49: A worker hurt on a loading dock asks his producer which losses the state compensation system will pay for. The producer explains the four benefit categories most states provide. Which of the following would NOT be paid as a workers compensation benefit?

Medical care for the dock injury

Damages for pain and suffering

Weekly income while unable to work

Vocational retraining for another occupation

Question 50: A contractor held an occurrence form with ABC Mutual when a customer was injured in November of one year. The contractor switched carriers, and the injured party first presented a claim two years later while XYZ Casualty provided the coverage. Which insurer handles this claim?

ABC Mutual, the insurer at injury

XYZ Casualty, the insurer at claim

Both insurers, sharing the loss equally

Neither insurer, because reporting was late

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