OPCI Oklahoma Property and Casualty Insurance Exam - Set 5 - 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: After an occurrence that may lead to a liability claim, an Oklahoma insured is required by the policy to inform the insurer promptly, giving details of how, when, and where it happened. This required post-occurrence communication to the insurer is best described as which of the following?
Question 42: An Oklahoma landlord requires that a commercial tenant's liability policy be endorsed to extend protection to the landlord for liability arising out of the rented premises. A party added to another's policy by endorsement in this way is best described as which of the following?
Question 43: An Oklahoma liability policy states that, except for the limits, the insurance applies separately to each insured against whom a claim is made, as if each were the only insured. This provision, allowing one insured to be covered for a claim by another insured, is best described as which of the following?
Question 44: An Oklahoma liability insurer, on a covered claim, both pays sums the insured becomes legally obligated to pay as damages and provides the insured's legal defense. Together, paying covered damages and defending the insured are best described as which of the following?
Question 45: An Oklahoma manufacturer's general liability policy shows a separate aggregate limit that applies specifically to claims arising from its products and completed work, distinct from the general aggregate for other liability. What is this separate limit commonly called?
Question 46: On an Oklahoma business auto policy, the coverages apply only to the categories of vehicles indicated on the declarations by numbered designations, such as any auto, owned autos, hired autos, or nonowned autos. These numbered designations that show which vehicles are covered are commonly called which of the following?
Question 47: An Oklahoma retailer wants coverage against the loss of money and other property from employee theft, robbery, burglary, and forgery committed against the business. Which broad category of commercial coverage is designed to respond to losses caused by such criminal acts?
Question 48: An Oklahoma liability discussion distinguishes a broad triggering term from a narrower one that means a sudden, unexpected, and unintended event happening at an identifiable time and place. Which of these narrower terms describes such a sudden, unforeseen, identifiable event?
Question 49: An Oklahoma commercial auto policy shows one single amount that applies to any combination of bodily injury and property damage arising out of a single accident, rather than separate maximums for each. What is this single amount, applying to both kinds of damage together, called?
Question 50: After an Oklahoma insured is sued over a covered occurrence, the liability policy requires the insured to assist the insurer, attend hearings, help secure and give evidence, and not interfere with the defense. This obligation of the insured after a claim is best described as which of the following?
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