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Boy and His Insurance

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INSURANCE AND RISK MANAGEMENT
Fall 2011 Worksheet 11 Firm: _KEY__
19 Points Chapter 21 Date: ______

MULTIPLE CHOICE: Circle the letter of the best answer. (1 pt each)

1. All of the following persons are insured for personal liability under the homeowners policy EXCEPT A) children of the named insured under age 24 who are attending college full time and temporarily residing elsewhere. B) foster children under the age of 21 who reside with the named insured. C) nonresident employees of the named insured. D) the spouse of the named insured if a resident of the same household.

2. All of the following situations are excluded from coverage under Section II of the homeowners policy EXCEPT A) the rental of a spare bedroom which is used by the tenant as an office. B) the use of a rented airplane to take a vacation. C) the ownership of a ten-unit apartment house as an investment. D) the performance of professional services by the insured at the residence premises.

ESSAY:

4. Application Questions, Question 1, page 486. (10 pts)

(a) Covered. A suit or claim because of animals is covered.

(b) Covered. The medical expenses of the injured player would be covered under Coverage F.

(c) Covered. Persons injured on the premises are covered. The medical expenses are covered under Coverage F, and if a lawsuit ensues, there is coverage under Coverage E.

(d) Covered. The child’s medical expenses are covered under Coverage F.

(e) Not covered. Medical expenses incurred by

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