Ocean & Inland Marine Insurance

Which of the following are the two types of Marine insurance? Page 278

Physical Damage to the ship itself while in transit on oceans, rivers, and lakes is covered under which category of Ocean Marine insurance? Page 278

Coverage for goods while they are in transit over water is covered under which category of Ocean Marine insurance? Page 278

Under Ocean Marine policies, cargo coverage is extended to include coverage from the property’s point of origin to its point of destination through: Page 278

Which of the following categories of Ocean Marine insurance protects the insured against loss of shipping costs? Page 278

Which of the following categories of Ocean Marine insurance provides liability coverage for injuries to sailors and dock and harbor workers? Page 278

Which of the following is not protected against liability under Protection and Indemnity coverage of Ocean Marine policies? Page 278

Which of the following is not protected against liability under Protection and Indemnity coverage of Ocean Marine policies? Page 278

An Ocean Marine insurance policy can be issued on: Page 279

The crew on a ship has thrown part of its cargo overboard in order to prevent it from further damage after the hull was damaged in a collision with another ship. Which of the following has taken place? Page 280

When is jettison permitted on a ship in order for Ocean Marine coverage to apply? Page 280

How is jettison covered under Ocean Marine policies? Page 280

All of the following are forms of barratry, a peril insured under Ocean Marine insurance, except: Page 280

Which of the following is not a correct statement about jettison as a loss under Ocean Marine policies? Page 280

In marine insurance, the term used to indicate a partial loss is: Page 280

Which of the following is a correct statement about a particular average loss under Ocean Marine policies? Page 280

Which of the following is not expressly written into an Ocean Marine insurance contract but carries the same weight as if it were? Page 280

Breach of an implied warranty: Page 280

Which of the following is not one of the categories of eligible Marine risks? Page 281

Which of the following is not one of the categories of eligible Marine risks? Page 281

Ocean Marine insurance covers which of the following: Page 281

Which of the following is not eligible for Commercial Inland Marine insurance? Page 281

Which of the following is a general rule about Inland Marine insurance? Page 282

Nonstandardized forms for Inland Marine coverage not specifically listed in the policy are known as: Page 283

Marshall’s heating and air conditioning business is damaged by a tornado, and all of his customer records are lost. Which of the following Inland Marine Commercial property floaters will indemnify Marshall if he has one in place? Page 289

Which of the following is a correct statement about the Jewelers Block coverage form as a Commercial property floater under Inland Marine insurance? Page 291

Which of the following nonfiled Inland Marine Transportation forms protects the shipper or receiver against loss of goods in transit? Page 296

Which of the following nonfiled Inland Marine Transportation forms protects the shipper or receiver against loss of goods in transit with coverage extending only from origination to destination? Page 296

Which of the following nonfiled Inland Marine Transportation forms protects the carrier, not the shipper, for liability for loss to domestic shipments in transit? Page 296

Owner’s goods on owner’s truck coverage as a nonfiled Inland Marine Transportation form provides which of the following types of coverage? Page 296

All of the following may be insured under the Instrumentalities of Transportation and Communication category of eligible marine risks except? Page 297