solution
120. An insurance policy is cancelled. The policy was in-force for exactly 50% of the original policy period. The insurer keeps 50% of the original policy premium. This is called
a. An illegal and unethical action
b. A short rate cancellation
C. A pro-rata cancellation
d. A flat cancellation
121. Which of the following would be covered by the Coverage B – Other Structures section of a Homeowners policy?
a. A swimming pool b. An attached garage c. An addition built onto the house d. A deck on the back of the house
122. If an insured rents an automobile while on vacation, what coverage, if any, will be available for physical damage coverage under a Personal Automobile Policy?
a. The broadest coverage on any automobile shown in the declarations
b. The least coverage on any automobile shown in the declarations.
C. The coverage of the last automobile show in the declarations.
d. No coverage available
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