Cgl medical expenses - Study guides, Class notes & Summaries

Casualty Insurance Exam Latest 2024 Graded A+ Coverage that is triggered when a claim is first made against the insured, regardless of when the injury took place, is known as Coverage under the claims-made form According to the other insurance condition, which of the following are methods used to decide how the claim will be divided? Contribution by equal shares or contribution with limits Which of the following limits of liability in a commercial general liability policy is the mo...

AINS 23 Full Practice Exam Questions with Verified Solutions 1) Clarence entered into a contract bond that guarantees his insulation work will be free from defects in materials and workmanship for a specified period of five years after completion of the work. The type of bond used by Clarence is a Maintenance bond. 2) Which one of the following statements is correct with respect to ocean marine loss exposures? For cargo owners, the posibility of loss to the cargo exists either on boa...

ACA Final Exam questions and answers well elaborated At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and writ...

Property and Casualty Questions and Answers Already Passed An agent license can be suspended or revoked by writing primarily controlled business If an insured hides information and fails to disclose a known material fact to the insurer is known as Concealment which of the following statements pertaining to medical payment Part C of the CGL is false A person has to establish the liability of the insured before medical benefits will be paid under the contract All of the following...

CPCU 552, CP&L Final Exam Questions & Answers 2024/2025 Railroad owners commonly require contractors to purchase a Railroad Protective Liability Coverage Form. Which one of the following statements about this form is true? - ANSWERSOne of the coverage limits applies to physical damage to property owned by or leased or entrusted to the railroad Which one of the following statements about the general aggregate limit under a Commercial General Liability (CGL) Coverage Form is true? - ANSWER...

CGL Coverage B (Personal and Advertising Injury) will cover correct answersInadvertent injury to others caused in the course of advertising the insured's product An insured is involved in an auto accident in another state. The state has a financial responsibility law that specifies limits of liability higher than the limits shown in the declarations. What amount will the insured's policy pay? correct answersHigher limits Which of the following would be covered under the crime coverage in...

The NYS School of Industrial and Labor Relations - ANSWER-All parties that have settled a workers' compensation claim in NY under the Alternative Dispute Resolution Program must respond to data collection requests of the: 180 Days - ANSWER-A person who is qualified to receive benefits from the Motor Vehicle Accident Indemnification Corp. and are injured by an owner of a vehicle that can be identified, can file a claim within how many days? $50,000. - ANSWER-the limit for medical/rehabilit...

Under a CGL, at what point in time is the earned premium determined by the premium audit? CORRECT ANSWER At the end of the policy period Medical payments coverage under the Commercial General Liability Coverage Forms includes reasonable medical expenses if they are incurred and reported within how many years following an accident? CORRECT ANSWER Expenses that have been incurred and reported within one year of the date of the accident are covered under this section. Under Equipment Breakdow...

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 if all of the following applied: Medical Payment, Workers' Compensation, Personal Injury Protection? ANS- WC, PIP, MP All of the following are penalties under the Florida No-Fault Law: ANS- Drivers L...

AINS 103 EXAM QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) ALREADY GRADED A+ Ava is Regional Manager for Goshen Mutual. She is looking over the past auto losses for Disposal Inc. She is tracking the experience of their drivers, the location of accidents, and the severity of the injury to their employees and the public. She is trying to determine the frequency and severity of the auto exposure for Disposal and to use the future models to suggest where Disposal alloca...