CF/GL Assessment 5

This will assess your current knowledge base on the CF/GL lines of business. If the question comes with a hint, please select as this is a screen shot that will help assist in answering the question.

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When you have $30,000 in payroll and 2 owners, what is the correct payroll to use

  • $30,000
  • $81,600
  • $55,800
  • $79,400

You receive an amendment that says the insured has moved from 123 Any St, Des Moines, IA to 789 Any Rd, Urbandale, IA. It is ok to amend the current location on GL instead of adding the new location and removing the old.

  • True or False

Which of the following statements is correct based on this screen shot?

  • No changes needed
  • Change form type to 2
  • Change include theft to a Y
  • Refer to Underwriter

Fill in the blank

can be rated off of co insurance or monthly limitation.

Employee Theft is not a common crime coverage.

  • True or False

Fill in the blank

The form number used to report fluctuating values of contents coverage is.

Fill in the blank

On CF you enter 15% credit into the system as  

The package mod 34 is used to classify which of the following?

  • Office
  • Services
  • Mercantile
  • Contractors

Fill in the blank

The description example "One Story Frame Built 1996" goes on the screen.

Fill in the blank

CP1230 is the coverage form.