INSU 123 (Ch.1)

Which of the following considered a nonowner auto or trailer used temporarily because of mechanical breakdown, repair, servicing, loss, or destruction of a covered vehicle.

• Temporary vehicle.

• Owned vehicle.

• Unreplaced vehicle.

• Unsubstituted vehicle.

The amount deducted from the policyholder for the initial portion of the loss ……….. the insurance company pays compensation.

• With

• Before

• After

• At same time

What is considered not covered under Personal auto policy:

• Any auto shown in the declarations.

• A newly acquired auto.

• An auto used in business scope.

• A trailer owned by the named insured.                                                                       

motor insurance means a vehicle of any sort which is running on the road provide coverage for any …………risk which may occur in day- to-day life.

• Extended

• Intentional

• Expected

• Unforeseen

One of the following refers to a fee paid to the insurer to be covered under the specified terms:

• Premium

• Rating

• Endorsement

• Claim