Umbrella Insurance – Match the Definitions with their Descriptions.
0 of 10 questions completed
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
0 of 10 questions answered correctly
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
True or False: Counterfeit money covers both Canadian and US Currency.CorrectIncorrect
True or False: Funds Transfer Fraud means Theft of Money and Securities following and directly related to the use of fraudulent written or verbal instructions which are purported to have been made by the Insured Entity, which causes an electronic transfer of Money or Securities from a Financial Institution.CorrectIncorrect
The definition of money means:CorrectIncorrect
4. Premises means:CorrectIncorrect
5. What is the Specific Limit of Insurance Insuring Agreement D.CorrectIncorrect
With respect to Duties In The Event of Loss what is the time frame to give the Insurer a detailed, sworn proof ofCorrectIncorrect
With respect to the Maximum Limit of Liability, the Insurer will pay for all such proof of loss expenses in any one Loss is the lesser of the “Per Loss” Limit of Liability shown as applicable to Proof of Loss Expenses in the Crime Coverage Part Declarations; or what percentage of the applicable Limit of Liability shown in the Crime Coverage Part DeclarationCorrectIncorrect
Is there a per loss and aggregate limit on this policy?CorrectIncorrect
True or False: The Insurer will pay for Loss sustained by the Insured Entity of Money, Securities and Other Property as an indirect result of Employee Theft.CorrectIncorrect
True or False: The Insurer will pay for Loss sustained by the Insured Entity as the direct result of the actual destruction, disappearance or Theft of Money and Securities within the Premises or within any Banking Premise.CorrectIncorrect