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Commercial general liability insurance quiz questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating
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Commercial general liability insurance quiz questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

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Información del documento

  • 5 de agosto de 2024
  • 3
  • 2024/2025
  • Examen
  • Preguntas y respuestas

Temas

  • commercial general liability insurance quiz
  • commercial general liability insurance quiz questi

Escuela, estudio y materia

  • Commercial Construction
  • Commercial Construction

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AnswersCOM

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Commercial general liability insurance quiz
1 year - ANS-Coverage C of the CGL will cover reasonable medical expenses incurred within
how many years of the accident?

90 days - ANS-Automatic coverage for a newly acquired organization lasts for

A claim filed for wrongful eviction - ANS-What claim would be covered under Coverage B
(personal and advertising injury) of the CGL?

A completed operations liability loss - ANS-Company built a porch on a building. One year after
the porch was complete it collapsed, injuring the insured. This type of accident is called

A shopper is injured in the insured's retail store when a box falls on him from an overhead shelf
- ANS-This would be covered under Coverage C

An employee of a retail store publicly embarrasses a shopper by wrongly detaining him for shop
lifting - ANS-Concept of personal injury is best illustrated by which of the following situations?

Applies to a claims-made form - ANS-The basic extended reporting period

Before a claims-made policy is written - ANS-The retroactive date provides protection against
losses that occur

Bodily injury to a third party - ANS-Under coverage C medical payments exclusions, which of
the following is covered?

by BI or PD that occurs during the policy period - ANS-Coverage under an occurrence CGL form
is triggered

Cause of loss form - ANS-What isn't required in a CGL coverage part?

Claims-made form - ANS-Under what CGL form is coverage triggered when a claim is first made
against the insured during the policy period?

Contractual liability - ANS-What coverage would protect a policyholder for liability assumed
under a construction contract awarded to install sewer lines for a city?

Corporation - ANS-What type of newly acquired businesses qualify for automatic coverage
under the CGL?

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