Exam (elaborations)
FLORIDA 2-20 AGENTS LICENSE EXAM REAL EXAM 440 QUESTIONS AND CORRECT DETAILED ANSWERS | AGRADE
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An insured is sued under a CGL policy. The legal costs are $25,000, prejudgment interest is $9,000 and the judgment against the insured is $300,000. The insured has a $300,0000 CGL occurrence limit on the policy. How much will the insurer pay? ANS- $334,000 What is the order for claim payments i...
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