Insurance Claims and Coverage, Exams of Insurance law

Download Insurance Claims and Coverage and more Exams Insurance law in PDF only on Docsity! 6-20 All Lines Adjuster- Florida- Review (186 Questions and Answers). The dollar amount that the insured pays before the insurer is required to pay the remainder of the loss is known as? - Correct Answers The deductible Which loss settlement provides new for old? - Correct Answers Replacement cost Give appropriate legal advice and write binding contracts - Correct Answers the claims adjuster's role in the insurance industry includes Lighting, Explosion and Fire - Correct Answers following are examples of a peril The clause that prohibits the insured from dumping damaged property on the insurance company and demanding to be paid in full is? - Correct Answers The abandonment clause When a policy change results in broadened coverage with no additional premium, the insured automatically receives the benefit under the principle of? - Correct Answers Liberalization The chance of financial loss is known as? - Correct Answers Risk Hurricane insurance in coastal areas in Florida is written subject to which of the following deductibles? - Correct Answers Percentage Insurance may apply separately to each insured, as if the other insureds did not exist. This is known as the doctrine of? - Correct Answers Severability When there is an unbroken connection between an occurrence and the damage that arises from the occurrence, and all the resulting damage happened on account of that occurrence, this is known as? - Correct Answers The principle of proximate cause Consideration must be given to at least one party - Correct Answers characteristics of a contract When two or more policies apply to the same loss, the one that pays first is called? - Correct Answers Primary The clause that protects the lender in a real property policy is the? - Correct Answers Mortgagee Clause The concept that one should not profit from the payment provided by an insurance policy is known as? - Correct Answers Indemnity Payment the insurance company makes directly to the insured is? - Correct Answers Property or first-party insurance To be considered an insurance contract, a policy must be? - Correct Answers Written When the insured transfers his/her rights to collect for damages to the insurer, it is known as? - Correct Answers Subrogation If an insurance policy is unclear or ambiguous, in whose favor does the policy respond? - Correct Answers The insured A partial owner of a building cannot receive full value for the building in the event of a loss because of? - Correct Answers Insurable interest Reduces the insured's damages by the degree of negligence - Correct Answers Comparative negligence Exclusions, Declarations and Endorsementd - Correct Answers the following are part of an insurance policy replacement cost minus depreciation - Correct Answers ACV The Florida Valued Policy Law requires the insurer to pay $200,000 - Correct Answers The insured's house is totally destroyed in a fire. The house is insured for $200,000. The adjuster who investigates the claims determines the ACV of the home is $185,000. 20/40/10 - Correct Answers The insured, a resident of Florida, was in an accident in Georgia. The Florida car was insured with liability limits of 10/20/10. Georgia's minimum liability limits are 20/40/10. How will the Florida policy respond? Select one: A. 10/20/10 B. 20/40/10 C. No coverage D. 20/40/20 When the policy limit is exhausted - Correct Answers Under a PAP, when does the insurance company cease to defend the insured? Select one: A. The insurance company is not obligated to defend the insured B. After the case has been resolved C. When the policy limit is exhausted D. At the policy's expiration An accident involving bodily injury or property damage - Correct Answers The Florida Financial Responsibility Law is triggered by? Select one: A. Registration of the vehicle B. Purchase of the vehicle C. An accident involving bodily injury or property damage D. Purchase of an auto policy $10,000 - Correct Answers The insured is an owner and is insured for PIP. She is injured in an accident and has the following damages? medicals-$12,000, lost wages-$6,000. How much will PIP pay if there is a $1,000 deductible? Select one: A. $11,200 B. $12,400 C. $9,600 D. $10,000 Age of the driver - Correct Answers Trucker insurance premiums are based on all EXCEPT? Select one: A. Radius B. Age of the driver C. Type of business D. Territory garaged Extended Non-owned Liability coverage - Correct Answers Joe works for Sinks-R-Us, Inc. As part of his compensation package, he is supplied with a company car, which he gets to take home every night. Joe wants to make sure the Liability coverage under his PAP covers him while driving his company car. What coverage would you add to Joe's PAP? Select one: A. Named Non-owned coverage B. Extended Non-owned Liability coverage C. Drive Away Liability coverage D. False Pretense coverage 10,800.00 - Correct Answers Dan has a Personal Auto Policy with Liability of 10/20/10 and basic PIP with a $1,000 deductible. He is running one day when a car strikes him. A week later he dies. Medical bills are $7,500 and lost wages are $1,000. How much, if any, will PIP pay in this claim? In an accident while riding as a passenger in a friend's car in Florida - Correct Answers Joe is an owner insured for PIP. In which of the following situations does Joe have his PIP benefits available to him? Select one: A. In a slip and fall accident in the mall in Florida B. In an accident while riding his motorcycle C. Struck as a pedestrian in Georgia D. In an accident while riding as a passenger in a friend's car in Florida No coverage because the policy expired - Correct Answers The insured bought a new car with a Mechanical Breakdown Policy. When the odometer reaches 40,000 the car has a serious breakdown involving the transmission. How does the Mechanical Breakdown Policy respond? Select one: A. No coverage because the policy expired B. No coverage because a transmission is not covered C. ACV coverage will apply D. Replacement cost coverage will apply His PAP extends liability to the trailer and Part D-Physical Damage extends $1,500 coverage to the borrowed trailer - Correct Answers An insured borrows his neighbor's trailer to pick up his new furniture. Which of the following best describes the insured if he has an accident? Select one: A. His PAP will extend coverage if the proper endorsement is added B. Only the liability of the PAP extends to the trailer C. His auto is insured, but not the borrowed trailer D. His PAP extends liability to the trailer and Part D-Physical Damage extends $1,500 coverage to the borrowed trailer $30,000 - Correct Answers Jane is driving Mary's car. Jane has an at-fault accident with Bob. Mary has liability limits of 10/20/10. Jane has liability limits of 100/300/100. If Bob has $40,000 in bodily injury, how much will be collected from Jane's policy? (IGNORE PIP) Select one: A. $30,000 B. $10,000 C. $50,000 D. $20,000 $7,200 - Correct Answers Jim owns an auto and he is involved in an auto accident. He suffered $4,000 in medical expenses and $4,000 of lost income. How much does his insurance pay if he has Extended PIP? Select one: A. $7,200 B. $8,200 C. $4,200 D. $5,200 $100,000 - Correct Answers If an insured has $100,000 of unstacked UM coverage with three cars on the policy, how much is available under a UM claim? Select one: A. $0- B. $300,000 C. $100,000 D. $200,000 Bodily injury only - Correct Answers Uninsured Motorists coverage is used to cover the insured for? Select one: A. Bodily injury only B. Bodily injury and property damage C. Medical payments D. Liability Betty must use her own PIP to pay her medical bills - Correct Answers Sam is an owner and not insured for PIP. Sam borrows Fred's car, which is insured for PIP. Sam has an at-fault accident when he strikes Betty's car. Betty is insured for PIP. As a result of Sam's negligence, Betty is injured and has $5,000 in medical bills. Which of the following is true? Select one: A. Sam does not have Tort Exemption B. Betty may sue Sam and Fred for $5,000 C. Betty must use her own PIP to pay her medical bills D. Sam may recover any damages from Fred's PIP Collision - Correct Answers Susie is driving down the street when a dog runs in front of her car. She swerves to avoid the dog and hits a tree. This is an example of? Select one: A. Collision B. Both A and B C. Other than collision D. Neither A or B Tom who owns the house he rents to his neighbor - Correct Answers Which of the following is not eligible for a homeowners policy? Select one: A. Tom who owns the house he rents to his neighbor B. Joe who lives is a garage apartment C. A husband and wife who own a vacation home in Georgia D. Betty who rent a condominium unit Age of the homeowner - Correct Answers Homeowner policies are rated on all of the following, EXCEPT: Select one: A. Location of the dwelling B. Age of the homeowner C. Fire protection available D. Construction of the dwelling Replacement Cost - Correct Answers The insured lives in his principal residence 80% of the year. A flood loss would be paid at which of the following? Select one: A. At 80% coinsurance B. Replacement Cost C. ACV D. Valued Policy A 1-6 family dwelling - Correct Answers Under a Dwelling Policy, all of the following are eligible, EXCEPT: Select one: A. A rental apartment in a commercial building B. A 1-6 family dwelling C. A two-family dwelling owned by a corporation D. A mobile home The Emergency Program - Correct Answers When a community applies for flood coverage, until they are approved they are under: Select one: A. The Regular Program B. The Special Program C. The Emergency Program D. The Flood Program A personal nature - Correct Answers If an insured sells his house to another person, the buyer is prohibited from receiving the seller's insurance policy because insurance is a contract of: Select one: A. Conditions B. Adhesion C. Indemnity D. A personal nature Dwellings owned by a corporation - Correct Answers All of the following are eligible for a Homeowner Policy, EXCEPT: Select one: A. Renters who maintain resident in any type of building B. Dwellings owned by a corporation C. Owner-occupants of 1-4 family dwellings D. Condominium unit owners Coverage C - Correct Answers Outdoor equipment used to service the premises is covered under: Select one: A. Coverage C B. Coverage A C. Coverage B D. Coverage D Liberalization - Correct Answers A contract condition of the Homeowners policy which provides that the insured gets the benefit of broadened coverage if the company adopts a broader form without an increase in premium is: Select one: A. Subrogation B. Liberalization C. Assignment D. Coinsurance Worldwide - Correct Answers The coverage territory for Personal Inland Marine Insurance (PAF) is: Select one: A. Whatever is specified in the policy B. Worldwide C. United States D. U.S., Canada, and U.S. territories The insured must carry insurance of at least 80% of the cost to replace the dwelling - Correct Answers What condition must be met in a HO Policy for replacement cost to settle the loss? Select one: A. The insured must replace the item lost or damaged B. All of these answers are correct C. The insured must file the claim within 10 days sues Mike. - Correct Answers Which situation is not covered for liability under an HO3 policy? Select one: A. Mike used a 4-wheel ATV to haul yard clippings to his compost pile. A neighbor is on Mike's property and Mike accidentally runs into him with the ATV. B. Mike rents the community center for his son's wedding reception. A guest falls and the guest sues Mike for injuries. C. Mike owns a 16 foot. 100 H.P. outboard motor boat and he has an at- fault accident in which he totally destroys another boat. The owner of the boat sues Mike. D. Someone falls at the house Mike is planning to live in after it is built All of the above - Correct Answers Which of the following are available as HO hurricane deductibles? Select one: A. All of the above B. 2% C. 5% D. $500 Over two acres of land - Correct Answers If flooding is confined to one area, the flood water must cover: Select one: A. The building B. Over three acres of land C. Over two acres of land D. Over an acre of land D. The insured will be the owner-occupant - Correct Answers A house under construction is eligible for a Homeowner Policy if: Select one: A. None of these answers are correct B. The builder doesn?t qualify for a Commercial Property Policy C. The builder is licensed D. The insured will be the owner-occupant The Self-insured Retention - Correct Answers If an Umbrella Policy serves as primary coverage, what part of the policy allows the insurer to apply a deductible? Select one: A. The Stand Alone Form B. The Follow Form C. The Self-insured Retention D. None of these answers are correct Adequate Insurance Clause - Correct Answers The provision in the Builders Risk Coverage Form that penalizes the insured for underinsurance is called: Select one: A. Coinsurance B. Full Reporting C. Agreed Value D. Adequate Insurance Clause Weight of ice and snow - Correct Answers The insured has a building that has been vacant for 75 days. Which of the following are covered? Select one: A. Theft B. Glass breakage C. Weight of ice and snow D. Vandalism Peak Season - Correct Answers The insured owns a fireworks factory, which is especially busy during the months of June and July. Which endorsement should he purchase to cover his inventory during these months? Select one: A. Building Ordinance B. Value Reporting C. Peak Season D. Inflation Guard Buildings under construction - Correct Answers The Builders Risk coverage form covers: Select one: A. Contractors B. Buildings under construction C. Investors D. Builders . 100% - Correct Answers The Builders Risk Coverage Form assumes which coinsurance provision: Select one: A. 90% B. 100% C. 80% D. 70% The Association form is primary and the Unit Owner form is excess - Correct Answers In the event that the Condominium Association Coverage form and the Condominium Unit Owners Coverage form both cover a loss, which of the following is true? Select one: A. Both forms pay equally B. The Unit Owner form is primary and the Association form is excess. C. The two forms are prorated D. The Association form is primary and the Unit Owner form is excess A package policy - Correct Answers Both commercial property and liability were combined into one policy, thus saving money on underwriting expense. What is this combination called? Select one: A. A monocline policy B. A valid policy C. A combination policy D. A package policy 60 days vacancy - Correct Answers Under the Business and Personal Property Coverage Form the provision for suspension for certain perils applies after: Select one: A. 60 days vacancy B. 30 days vacancy C. 90 days vacancy D. 120 days vacancy 72 hours after the date of direct damage - Correct Answers Under Business Income Coverage, the period of restoration begins: Select one: employee dies. Are the employees funeral expenses covered under the company's CGL Medical Payments? Select one: A. Yes, the claim was made within one year time period B. No, the claim was filed too late C. Yes, the employee is automatically covered D. No, employees are not covered for Med Pay 60 days - Correct Answers How long does the insured have to request the "Supplemental Extended Reporting Period" after the expiration of the claims-made CGL policy? Select one: A. 90 days B. 30 days C. 180 days D. 60 days Claims-Made form - Correct Answers The retroactive date under the CGL established the earliest date a claim will be paid by the insurance company under the: Select one: A. Claims-Made form B. Occurrence form C. Both the Occurrence and Claims-Made form D. Products and Completed Operations form All of these - Correct Answers hysicians, Surgeons and Dentists Insurance will cover: Select one: A. Blood Banks B. Veterinarians C. All of these D. Optometrists $5,000 - Correct Answers The basic amount of Medical Payment coverage under a CGL policy is: Select one: A. $2,000 B. $3,000 C. $1,000 D. $5,000 1-1-03 policy - Correct Answers Tom purchases a CGL - Occurrence form with an effective date of 1-1-03. He purchases a claims-made CGL with an effective date of 1-1-04. An injury from 8-1-03 is filed in 2005 when a claim is made. Which policy covers the injury? Select one: A. 1-1-03 policy B. 1-1-04 policy C. No coverage D. 1-1-05 policy Lost wages up to $100/day - Correct Answers All of the following are covered under Supplemental Payments in a CGL EXCEPT: Select one: A. Expenses incurred at the company's request B. Lost wages up to $100/day C. Bails bonds up to $250 D. Interest on judgments Mexico - Correct Answers Which of the following is not a covered territory for a CGL policy? Select one: A. Canada B. United States C. Puerto Rico D. Mexico Neither policy covers - Correct Answers Mr. Smith buys a CGL claims- made policy on 1-1-04 with a retroactive date of the policy's inception of 1- 1-04. He buys another CGL claims-made policy on 1-1-05 with a retroactive date of 1-1-05. An accident occurs on 7-1-04 and the claimant files this injury on 9-1-05. Which policy covers? Select one: A. 1-1-04 claims-made policy B. 1-1-05 claims made policy C. 1-1-04 is primary and 1-1-05 policy is excess D. Neither policy covers It deducts claims expenses first and the balance is payable for the claim. - Correct Answers What is unique about lawyer's professional liability insurance? Select one: A. It covers claims that existed before the policy was effective. B. It deducts claims expenses first and the balance is payable for the claim. C. It covers lawyers for fraudulent activities. D. It covers only lawyers in group practice. Surety, obligee and principal - Correct Answers The three parties to a bond are: Select one: A. Surety, principal and cosigner B. Surety, insured and insurer C. Surety, obligee and indemnitor D. Surety, obligee and principal The taking of property by someone who has entered the premises unlawfully as evidenced by visible signs of forced entry - Correct Answers Safe Burglary is defined as: Select one: A. The taking of property by someone who has caused bodily harm B. The taking of property by someone who has entered the premises unlawfully as evidenced by visible signs of forced entry C. The taking of property by someone who has entered the premises unlawfully as evidenced by visible signs of forced entry and caused bodily harm D. Any act of stealing The employer's business property may be seized - Correct Answers All of the following are penalties for non-compliance with Workers Compensation laws, EXCEPT: Select one: A. The employer may be charged a $1000 fine, plus $100 for each day of non-compliance B. The employer may be charged with a second-degree misdemeanor C. The employer's business property may be seized D. The employer's business may be closed B. Robbery Inside the Premises C. Forgery or Alteration D. Employee Theft 7 days - Correct Answers Bill was employed by Jane's Flower Shoppe for two days when he receives a work related injury. Bill misses 14 days of work. How long does Bill have to wait before he can begin receiving WC benefits? Select one: A. 14 days B. He wasn't employed long enough to have WC coverage C. 21 days D. 7 days Money and Securities - Correct Answers On the way to the bank to make a deposit, an employee loses the bank bag. How is this money covered? Select one: A. Money and Securities B. Robbery C. Burglary D. Employee Theft A third-degree felony - Correct Answers Failure to comply with the Workers Compensation Law is: Select one: A. A third-degree felony B. A second-degree felony C. A first-degree misdemeanor D. A first-degree felony 25% - Correct Answers Employees of ABC Manufacturing are required to wear steel-toed shoes when they are in the factory. An employee who injures their foot because they are not wearing safety shoes while in the plant would have their benefits reduced by: Select one: A. 20% B. 10% C. 25% D. 15% $7,500 - Correct Answers What is the amount allotted for funeral expenses under Workers Compensation benefits? Select one: A. $2,500 B. $10,000 C. $5,000 D. $7,500 $150,000 - Correct Answers What is the maximum death benefit payable to eligible dependents under WC? Select one: A. $250,000 B. $200,000 C. $150,000 D. $100,000 Contingency - Correct Answers Bond underwriting usually looks at the three C's which include all of the following, EXCEPT: Select one: A. Contingency B. Collateral/Capital C. Capability D. Character A License Bond - Correct Answers Which bond guarantees performance in conformity with the law? Select one: A. A Conservation Bond B. A Blue Sky Bond C. A License Bond D. A Franchise Bond 27 days - Correct Answers Joe is off the job for 27 days due to a work related injury. Joe can receive WC benefits for how many days? Select one: A. 7 days B. 14 days C. 21 days D. 27 days The Division of Workers' Compensation of the Department of Financial Services - Correct Answers Workers Compensation in Florida is regulated by: Select one: A. The Department of Labor B. The Department of Labor Security C. The Department of Labor & Employment Security D. The Division of Workers' Compensation of the Department of Financial Services $162,000 - Correct Answers Securities were purchased for $150,000. They were stolen and sold for $175,000. On the day the theft was reported the securities were valued at $162,000. How much would be paid? Select one: A. $150,000 B. No coverage C. $175,000 D. Conditionally renewable E. $162,000 4 - Correct Answers How many people can a private employment hire before they are required to purchase WC? Select one: A. 1 B. 4 C. 12 D. 8 Throwing cargo overboard to save the ship - Correct Answers Jettison is defined as: Select one: A. Fraud by the ship's master or crew B. Throwing cargo overboard to save the ship C. Taking the insured property by force D. Winds, waves, collision or sinking Annual Transit - Correct Answers Which Commercial Inland Marine policy protects those who ship and receive goods on an annual basis? C. General Average D. Demurrage Fire - Correct Answers Perils of the Sea includes all of the following, EXCEPT: Select one: A. Wind B. Collision and sinking C. Fire D. Waves A sudden and accidental breakdown of a part - Correct Answers Under Boiler and Machinery insurance, an "accident" is defined as: Select one: A. Occurring within the policy period of an occurrence policy B. A continuous and repeated exposure to the same condition C. A sudden and accidental breakdown of a part D. A one-time occurrence Pilot's age - Correct Answers Underwriting an aircraft hull policy includes all of the following considerations, EXCEPT: Select one: A. Pilot's age B. Age and condition of the plane C. Type of plane D. Size of the plane Hangerkeepers Liability - Correct Answers The coverage for damage to an aircraft under the care, custody and control of the insured while the plane is in storage is: Select one: A. Hangerkeepers Liability B. Extra Expense Endorsement C. Admitted Aircraft Liability D. Storage Endorsement The insurer is required to renew to a stated age, but may increase premium - Correct Answers Which of the following describes a Guaranteed Renewable Policy? Select one: A. The insurer is required to renew to a stated age with no increase in premiums B. None of the above C. The insurer is required to renew to a stated age, but may increase premium D. The insurer cannot cancel during the policy term, but reserves the right to non-renew Disability Insurance - Correct Answers Which best describes health insurance? Select one: A. Disability Insurance B. Property insurance C. Liability insurance D. None of the above It is not possible to purchase Homeowner policies under JUA, only Dwelling policies - Correct Answers All of the following are true concerning Joint Underwriting Associations, EXCEPT: Select one: A. Policyholders must be unable to purchase insurance on the open market B. Citizens replaced FRP&CJUA and Florida Windstorm C. It is not possible to purchase Homeowner policies under JUA, only Dwelling policies D. JUA operations are overseen by a Board of Governors Injury of the job - Correct Answers Health insurance protects against all of the following, EXCEPT: Select one: A. Bodily injury B. Disablement C. Death by accident D. Injury of the job A PPO - Correct Answers A selected group of hospitals and doctors in a given area who have joined together to reduce medical costs is: Select one: A. A Professional Practitioner Group B. An HMO C. A Health Managed Hospital D. A PPO Citizens - Correct Answers A homeowner could not find coverage on the open market and looked to the residual market for coverage. What Joint Underwriting Association would handle this risk? Select one: A. Citizens B. The Florida Residential Property and Casualty Joint Underwriting Association C. The Florida Workers Compensation Joint Underwriting Association D. The Florida Automobile Joint Underwriting Association 10 days - Correct Answers Joe pays his health insurance premium on a monthly basis. If he forgets to pay this month's premium, how long will the policy remain in force after the premium date? Select one: A. 10 days B. It cancels immediately C. 31 days D. 7 days 6 months - Correct Answers Under Medicare Supplement insurance, the maximum waiting period before coverage applies to pre-existing conditions is: Select one: A. 3 months B. 6 months C. 12 months D. 9 months An HMO - Correct Answers An organization that provides comprehensive health services to its members for a prepaid fixed fee, equivalent to an insurance premium is: Select one: A. A Professional Practitioner Group B. A PPO C. A Health Managed Hospital D. An HMO 4 years - Correct Answers If an adjuster terminates their insurance appointment, how long from the date of the termination do they have to reactivate their appointment? Select one: A. 5 years B. 4 years C. 3 years D. 1 year Defining claims - Correct Answers Which of the following is not one of the basic claims activities of the adjuster? Select one: A. Defining claims B. Negotiating claims C. Evaluating claims D. Investigating claims To set rates for various company products - Correct Answers Which of the following is not one of the duties of FLDFS? Select one: A. To investigate charges of unethical conduct of adjusters B. To set rates for various company products C. To license adjusters D. To supervise the claims activity of adjusters Representing a policy truthfully - Correct Answers Which of the following would not result in license suspension? Select one: A. Selling a product for which one is not licensed B. Calling another agent or adjuster a crook C. Representing a policy truthfully D. Making false entries on an insurance application An unauthorized company - Correct Answers A company had its certificate of authority revoked because of bad sales practices. This type of company is known as: Select one: A. An admitted company B. An unedited company C. An unauthorized company D. An authorized company Withhold pertinent information from the company - Correct Answers Which is not a fiduciary responsibility of a claims adjuster? Select one: A. Maintain loyalty to the company B. Reveal all underwriting facts to the underwriter C. Withhold pertinent information from the company D. Properly account for all monies A company chartered outside the state of Florida - Correct Answers What is a foreign insurance company? Select one: A. A company that is not an alien company B. A company chartered outside the state of Florida C. A company chartered inside the state of Florida D. A company chartered in another country Twenty four hours every two years - Correct Answers The continuing education requirement to maintain an adjuster's license in Florida is: Select one: A. Five hours every two years B. Twenty four hours every two years C. Ten hours every two years D. Not required for any adjuster license 18 - Correct Answers What is the minimum age that a person can obtain an adjuster's insurance license? Select one: A. 23 B. 21 C. 25 D. 18 To administer insurance laws - Correct Answers What is the function of the insurance department? Select one: A. To pass insurance laws B. To administer insurance laws C. To negotiate ethical standards within the insurance industry D. To act as an advocate for agents and adjusters The company - Correct Answers Who does the adjuster represent when they are working on a claim? Select one: A. The company B. The insurance agent C. The customer D. The State of Florida They are a foreign company - Correct Answers A company was incorporated in Massachusetts and has their home office in that state. What type of company is this when they do business in Florida? Select one: A. They are an unauthorized company B. They are a domestic company C. They are a foreign company D. They are an alien company 30 days - Correct Answers An adjuster moved from one city on Florida to another. What length of time does she have to notify FLDFS of the address change? Select one: A. 10 days B. 60 days C. 30 days D. 45 days Sliding - Correct Answers Representing to an applicant that a specific ancillary coverage or product is required by law in conjunction with the purchase of a motor vehicle insurance when such a coverage or product is not required by law is known as: Select one: A. Churning B. Rebating C. Twisting D. Sliding