Cisr commercial casualty - Study guides, Class notes & Summaries

CISR Commercial Casualty I Lesson 1 L Questions and Answers 100% Pass Legal Liability - Correct Answer ️️ -A responsibility or obligation to others, which courts recognize and enforce. In general failure to meet this duty often results in the imposition of monetary damages. 3 Types of Legal Liability - Correct Answer ️️ -Tort Liability, Statutory Liability, Contractual Liability 4 Types of Tort Liability - Correct Answer ️️ -Negligence, Intentional Torts, Strict Liability, Ab...

CISR Commercial Casualty I Lesson 1 L Questions and Answers 100% Pass Legal Liability - Correct Answer ️️ -A responsibility or obligation to others, which courts recognize and enforce. In general failure to meet this duty often results in the imposition of monetary damages. 3 Types of Legal Liability - Correct Answer ️️ -Tort Liability, Statutory Liability, Contractual Liability 4 Types of Tort Liability - Correct Answer ️️ -Negligence, Intentional Torts, Strict Liability, Ab...

CISR COMMERCIAL CASUALTY II BUSINESS AUTO POLICY

State workers compensation laws are a no fault system. T/F - correct answer True Employer purchase of workers compensation insurance is voluntary in all states but Texas and New Jersey. T/F - correct answer False It is mandatory in all states but Texas and New Jersey. One advantage of workers compensation insurance for employers is predictable costs. T/F - correct answer True List four states that workers compensation is a monopolistic state fund. - correct answer North Dakota, Ohio,...

State workers compensation laws are no-fault systems. T/F - True Employer purchase of workers compensation insurance is voluntary in all state but Texas and New Jersey. T/F - False; With the exception of Texas and new Jersey, all states have made employer purchase of workers compensation insurance mandatory. One advantage of workers compensation to employers is predictable costs. T/F - True List 4 states that have monopolistic funds. - North Dakota, Ohio, Wyoming, Washington List 2 states ...

3 Main Coverage Parts in the CGL Coverage Form, each with its own insuring agreement and exclusions. CORRECT ANSWER-1. Coverage A, 2. Coverage B, 3. Coverage C Coverage A in the CGL CORRECT ANSWER-Bodily Injury and Property Damage LIABILITY - protection for injuries and damage arising out of insured's legal liability to others. Coverage B in the CGL CORRECT ANSWER-Personal and Advertising Injury LIABILITY Coverage C in the CGL CORRECT ANSWER-Medical Payments How are defense costs ...

CISR Commercial Casualty I Lesson 1 L Exam Questions and Answers 100% Pass Legal Liability - Correct Answer ️️ -A responsibility or obligation to others, which courts recognize and enforce. In general failure to meet this duty often results in the imposition of monetary damages. 3 Types of Legal Liability - Correct Answer ️️ -Tort Liability, Statutory Liability, Contractual Liability 4 Types of Tort Liability - Correct Answer ️️ -Negligence, Intentional Torts, Strict Liabilit...

CISR COMMERCIAL CASUALTY II QUESTIONS AND ANSWERS ELABORATION!!

CISR Commercial Casualty I Lesson 1 L Questions and Answers 100% Pass Legal Liability - Correct Answer ️️ -A responsibility or obligation to others, which courts recognize and enforce. In general failure to meet this duty often results in the imposition of monetary damages. 3 Types of Legal Liability - Correct Answer ️️ -Tort Liability, Statutory Liability, Contractual Liability 4 Types of Tort Liability - Correct Answer ️️ -Negligence, Intentional Torts, Strict Liability, Ab...

Summary of Exposures covered by the CGL Coverage Form: CORRECT ANSWER-Premises Operations Products Completed Operations Contractual Contingent Personal Injury Advertising Injury +Vicarious Liability Exposures covered by the CGL - Vicarious Liability CORRECT ANSWER-CGL will afford coverage to the named insured for vicarious liability imposed because of those who may be acting on behalf of the named insured. "Auto" Definition CORRECT ANSWER-A land motor vehicle, trailer, or semi-tr...