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Finn 3623 liability test - Study guides, Class notes & Summaries

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FINN 3623 Liability Test || With Complete Solutions (100% Correct)

  • FINN 3623 Liability Test || With Complete Solutions (100% Correct)

  • Exam (elaborations) • 6 pages • 2024
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    • FINN 3623 Liability Test || With Complete Solutions (100% Correct) FINN 3623 Liability Test || With Complete Solutions (100% Correct) Claims made occurrence - ANSWER - provides coverage if claim is made when a policy is in force and the injury occurred AFTER the retroactive date. Occurrence based policies - ANSWER - provides coverage of policy in force when event occurred. These policies can be made to pay years after the policy expired as long as the "injury" or negligence causing loss...
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