Practice test

Insurance Practice Exam 8

Intermediate insurance practice exam 8 with tougher questions on riders, coinsurance, CGL, and unfair trade practices. 25 questions, full explanations.

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These questions are for study practice only and are not official exam questions.

Question 1

1

A guaranteed insurability rider lets the insured buy additional coverage at specified dates:

Question 2

2

A building valued at $400,000 is insured for $240,000 with an 80 percent coinsurance clause. After a $50,000 loss (no deductible), the coinsurance penalty limits payment to:

Question 3

3

Under most replacement regulations, a producer replacing a life policy must give the applicant a notice and:

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