Vero broker training

Home assessment

Your results:

1. Under the definition of home, what is included?   

  This is correct. These are included under the definition of home.

  Not quite right. The 5 correct answers are Garden shed, Solar power systems, Decks, Driveways, and Bridges.

2. Cover option – Maxi includes cover for accidental loss or damage.

  This is correct. Maxi includes accidental loss or damage cover.

  Not quite right. Accidental cover is included in Maxi.

3. If a customer changes address, how long will we cover their contents at both addresses? 

  This is correct. The limit is the sum insured plus any applicable benefits.

  Not quite right. The payout can include additional benefits.

4. Is Paving covered under the Landscaping benefit or under the definition of home?

  This is correct. Paving is included in the definition of home.

  Not quite right. Paving is not covered under landscaping but included in the definition of home.

5. Damage by household pets is excluded where the occupant is anyone other than the customer.

  This is correct. Pet damage is excluded in this situation.

  Not quite right. This type of damage is not covered.

6. How often are landlord’s obligated to complete an inspection of the property?

  This is correct. Inspections are required every 6 months.

  Not quite right. Inspections are required every 6 months.

7. Under the Property owner’s liability benefit, what is the most we will pay for loss to someone else’s property? 

  This is correct. Up to $2,000,000 is the property damage liability limit.

  Not quite right. Up to $2,000,000 is the property damage liability limit.

8. Under the Property owner’s liability benefit is the following statement true?
We will pay up to $1,000,000 for bodily injury during any period of insurance.

  This is correct. This is the bodily injury limit per period of insurance.

  Not quite right. This is the bodily injury limit per period of insurance.

9. Under the Sum Extra benefit, How often must the customer update their rebuild assessment to qualify?

  This is correct. The rebuild assessment must be updated every 3 years.

  Not quite right. The rebuild assessment must be updated every 3 years.

10. Damage cause by a customers pet in the insured home is covered under the policy.

  This is correct. Pet damage by the customer’s pet is covered.

  Not quite right. Pet damage by the customer’s pet is covered.

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