AU 62 - Chapter 2 Study Guide with Complete Solutions
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Course
2024/2025
Institution
2024/2025
AU 62 - Chapter 2 Study Guide with
Complete Solutions
Coverage A - Answer-Bodily Injury and Property Damage Liability
Bodily Injury and Property Damage Liability composed of - Answer-premises and operations
hazard; products and complete operations hazard
premises and operations liability expos...
Coverage B - Answer✔✔-Personal and Advertising Injury Liability
Personal and Advertising Injury Liability - Answer✔✔-injury arising out of several listed offenses
such as false arrest, wrongful eviction, libel, slanders and infringing upon another's copyright in
the insured's advertisement; used to be rare
Coverage C - Answer✔✔-Medical Payments
Medical Payments - Answer✔✔-does not require insured to be legally liable so it's not
technically liability insurance; result from bodily injury because of an accident occurring on the
insured's premises or arising out of the insured's operations anywhere in the coverage territory
Owners and Contractors Protective Liability Coverage Form - Answer✔✔-Covers the property
owner against liability arising out of (1) operations being performed by a contractor or (2) the
named insured's negligent supervision of the contractor's operation
Railroad Protective Liability Coverage Form - Answer✔✔-protects the named railroad owner
against bodily injury resulting from the operations of a contractor performing operations on,
over, under or adjacent to railroad property
Electronic Data Liability Coverage Form - Answer✔✔-covers the insured's liability for loss of
electronic data caused by an electronic data incident
Product Withdrawal Coverage Form - Answer✔✔-Covers the costs of withdrawing or recalling
products from the market
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