我们已经把 Commercial Property、CGL、Business Interruption、Crime、Professional Liability、Commercial Auto、Builders Risk、Bailee、Floater、Cyber、Umbrella、D&O、EPLI、Environmental 等内容都学完了。
下面这套是RIBO Level 1 真题风格综合模拟（40题），难度比正式考试略高，以陷阱题为主。
规则：
- 每题只有 1 个最佳答案
- 不告诉答案
- 做完后我会逐题讲解，并告诉你为什么其他选项错。
RIBO Commercial Insurance 综合陷阱题（40题）
Part 1 Commercial Property（1-10）
1. A building is insured for $500,000 on a replacement cost basis. It should have been insured for $800,000 to satisfy the 80% coinsurance clause.
A $160,000 loss occurs.
How much will the insurer pay (before deductible)?
A. $100,000
B. $125,000 50/80*80%*16
C. $160,000
D. $500,000
2.
Replacement Cost coverage requires
A. the building be rebuilt at another location.
B. depreciation always applies.
C. the damaged property be repaired or replaced.
D. proof of market value.
3.
Which property is MOST likely insured under an Installation Floater?
A. Office furniture
B. Plumbing materials awaiting installation
C. Employee tools
D. Finished inventory
4.
Builder’s Risk insurance ends
A. whenever construction stops.
B. after occupancy or project completion, whichever occurs first.
C. one year after construction starts.
D. only after final payment.
5.
Which statement about Vacancy is TRUE?
A. Vacancy never affects coverage.
B. A vacant building increases moral hazard only.
C. Vacancy may reduce or suspend certain coverages.
D. Vacancy only matters for residential risks.
6.
Business Personal Property usually includes
A. land.
B. stock.
C. foundations.
D. underground pipes.
7.
Equipment Breakdown insurance mainly covers
A. gradual wear and tear.
B. sudden accidental mechanical breakdown.
C. flood.
D. theft.
8.
Which loss is MOST likely covered under a Commercial Property policy?
A. Earthquake (without endorsement)
B. Flood (without endorsement)
C. Fire
D. War
9.
An insured intentionally exaggerates the amount of loss after a fire.
This is
A. concealment.
B. material change.
C. fraud.
D. salvage.
10.
Which property is MOST appropriate for a Bailee’s Customers policy?
A. Restaurant furniture
B. Customer clothing at a dry cleaner
C. Company computer
D. Delivery truck
Part 2 Business Interruption（11-15）
11.
Business Interruption insurance generally requires
A. bodily injury.
B. direct physical damage by an insured peril.
C. negligence.
D. theft only.
12.
Extra Expense insurance primarily pays for
A. rebuilding the building.
B. continuing normal operations.
C. replacing inventory.
D. employee lawsuits.
13.
Which form mainly covers loss of NET PROFIT plus continuing expenses?
A. Extra Expense
B. Gross Earnings
C. Profits Form
D. Crime
14.
A restaurant closes because customers are afraid after nearby crime, but the restaurant itself suffers no property damage.
Business Interruption responds?
A. Yes
B. No
C. Only if sales decrease 25%
D. Only under Crime insurance
15.
Which expense usually continues during a shutdown?
A. Cost of raw materials
B. Utility costs tied completely to production
C. Property taxes
D. Shipping expenses
Part 3 CGL（16-25）
16.
CGL covers
A. poor workmanship itself.
B. bodily injury to third parties.
C. employee injuries.
D. expected damage.
17.
Products Liability applies after
A. products leave the insured’s possession.
B. products are manufactured.
C. products are advertised.
D. products are designed.
18.
Completed Operations coverage applies
A. while work is underway.
B. after work has been completed.
C. before construction starts.
D. only to products.
19.
Contractual Liability
A. is always excluded.
B. may be covered for insured contracts.
C. covers criminal fines.
D. replaces professional liability.
20.
Which claim is MOST likely excluded under CGL?
A. Customer slips.
B. Advertising injury.
C. Intentional assault by insured.
D. Damage caused by falling sign.
21.
Pollution coverage under CGL is
A. unlimited.
B. automatically included.
C. very limited.
D. identical to Environmental Liability.
22.
A contractor accidentally damages a client’s building while working.
Most likely covered under
A. Builder’s Risk.
B. CGL.
C. Crime.
D. D&O.
23.
Which claim belongs under Products Liability?
A. Employee injured by machine.
B. Customer injured by defective toaster.
C. Building burns during construction.
D. Contractor falls off ladder.
24.
Which coverage protects against libel and slander?
A. Property insurance
B. Personal & Advertising Injury
C. Crime
D. Inland Marine
25.
Which statement is TRUE?
A. CGL covers every lawsuit.
B. CGL pays criminal penalties.
C. Defence costs may be covered.
D. CGL covers breach of contract automatically.
Part 4 Crime / Professional / Specialty（26-40）
26.
Employee Dishonesty covers
A. employee injury.
B. theft by employees.
C. theft from employees.
D. customer fraud.
27.
Forgery insurance covers
A. counterfeit merchandise.
B. forged cheques.
C. stolen inventory.
D. cybercrime.
28.
E&O insurance protects
A. buildings.
B. professionals against negligence claims.
C. directors.
D. company vehicles.
29.
D&O insurance mainly protects
A. shareholders.
B. directors and officers.
C. employees.
D. customers.
30.
EPLI covers claims involving
A. pollution.
B. wrongful dismissal.
C. burglary.
D. product defects.
31.
Cyber Liability MOST likely covers
A. hail damage.
B. data breach response costs.
C. machinery breakdown.
D. flood.
32.
Environmental Liability primarily covers
A. employee theft.
B. pollution claims.
C. vehicle collision.
D. professional negligence.
33.
Umbrella Liability generally
A. replaces all primary insurance.
B. provides additional liability limits.
C. covers property only.
D. eliminates deductibles.
34.
Which policy is MOST appropriate for a courier transporting customers’ goods?
A. Homeowners
B. Bailee
C. Cargo/Transportation Floater
D. Builder’s Risk
35.
A lawyer gives incorrect legal advice causing financial loss.
Which policy responds?
A. CGL
B. Crime
C. Professional Liability (E&O)
D. Property
36.
A hacker encrypts company files and demands payment.
Which insurance is MOST relevant?
A. Builder’s Risk
B. Cyber Liability
C. Inland Marine
D. Equipment Breakdown
37.
Crime insurance usually covers
A. wear and tear.
B. mysterious disappearance only.
C. theft of money by employees.
D. market loss.
38.
Which policy protects customer property temporarily in the insured’s care?
A. Bailee
B. Umbrella
C. EPLI
D. D&O
39.
A company pollutes groundwater over several years.
Most appropriate insurance?
A. CGL
B. Property
C. Environmental Liability
D. Crime
40.
Which statement is MOST correct?
A. Umbrella always covers every excluded loss.
B. E&O and CGL provide identical protection.
C. Cyber insurance may pay notification costs after a breach.
D. Builder’s Risk covers employee theft.
请直接按下面格式回复答案：
1. A
2. C
3. B
4. B
5. D
6. B
7. B
8. C
9. C
10. B
11. B
12. B
13. A
14. B
15. B
16. B
17. A
18. B
19. A
20. C
21. D
22. A
23. B
24. B
25. C
26. B
27. A
28. B
29. B
30. B
31. B
32. B
33. B
34. C
35. C
36. B
37. C
38. A
39. C
40. C
做完后，我会像 RIBO 阅卷老师一样：
- 给你评分（/40）
- 统计各章节正确率
- 分析哪些知识点还容易失分
- 挑出最有可能出现在正式考试中的高频陷阱题进行重点讲解。
按照我们最近几周的学习情况来看，你在 Commercial Insurance 的基础已经比较扎实了。从最初学习 Commercial Property、CGL、Business Interruption、Crime、Cyber、Professional Liability 到现在，正确率已经稳定在 80% 左右。这说明知识框架已经建立起来了。
我建议下一步冲刺方向：
- Coinsurance 计算专项（10题）——确保考试计算题不失分。
- Business Interruption 三大表单（15题）——重点区分 Gross Earnings、Profits Form、Extra Expense。
- Commercial Insurance 终极陷阱题（50题）——完全按照正式 RIBO Level 1 出题风格，包含大量容易混淆的选项。
我预计，把这三个专项练完后，你的商业保险部分可以稳定达到 90%+。
