Cgl medical expenses - Study guides, Class notes & Summaries

A single Declarations page common to all coverages A single conditions section common to all coverages A commercial package policy always includes Send the insured a reservation of rights letter If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person The basic limit for coverage F-medical payments of the standard homeowners form is normally $250 The CGL provides up to ___per day for loss of earnings as a supplementary payment Was made for ...

Casualty Insurance Exam Questions and Answers 100% Pass Coverage that is triggered when a claim is first made against the insured, regardless of when the injury took place, is known as - Correct Answer ️️ -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? - Correct Answer ️️ -Contribution by equal shares or contribution with limits Which of the following limits of liabil...

What requirements must Wholesalers and Distributors meet in order to be eligible for a BOP?: 25% or less of floor space is available to the general public, and less than 25% of gross income may come from retail sales. The first step in the claim process is to: Determining time and cost of repairs In Florida, an insurer has days to pay or deny a claim.: 90 Jerome was shopping at ABC Imports when a light fixture fell from the ceiling and hit him on the head. Jerome's injuries resulted in an ex...

Which of the following personal auto coverages would pay for the insured's travel expenses and loss of earnings while involved in the settlement process of a covered loss? - Answer Liability coverage What are the two types of compensatory damages? - Answer Special and general Which part of an insurance policy covers claims-related expenses, reasonable expenses incurred by an insured to protect damaged property from further loss, or defense expenses? - Answer Additional coverage ...

1 FL ADJUSTER PRACTICE TEST QUESTIONS AND ANSWERS, RATED A+/ VERIFIED/ What requirements must Wholesalers and Distributors meet in order to be eligible for a BOP? - - 25% or less of floor space is available to the general public, and less than 25% of gross income may come from retail sales. The first step in the claim process is to - -Determining time and cost of repairs In Florida, an insurer has ___ days to pay or deny a claim. - -90 Jerome was shopping at ABC Imports when a light fixt...

What does a commercial general liability coverage form protect? - ANS-An organization against financial losses stemming from liability for damages to people or property. Jenny owns a convenience store. A customer slipped and fell in an aisle but only required minor medical care at a local clinic. What coverage might apply for this occurrence? - ANS-Coverage C might apply, because Coverage C-Medical Payments, pays medical expenses of others in certain circumstances. Sean entered a booksto...

AINS 103- Chapter 3 Exam Review Solution What does a commercial general liability coverage form protect? - ANS-An organization against financial losses stemming from liability for damages to people or property. Jenny owns a convenience store. A customer slipped and fell in an aisle but only required minor medical care at a local clinic. What coverage might apply for this occurrence? - ANS-Coverage C might apply, because Coverage C-Medical Payments, pays medical expenses of others in cer...

A single Declarations page common to all coverages A single conditions section common to all coverages Correct Answer: A commercial package policy always includes Send the insured a reservation of rights letter Correct Answer: If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person Correct Answer: The basic limit for coverage F-medical payments of the standard homeowners form is normally $250 Correct Answer: The CGL provides up to ...

another name for insurance agent is: principal producer broker recorder - Answer producer another name for insurer is: principal producer broker policymaker - Answer principal The Broad Form Products Coverage endorsement in commercial auto policies does which of the following? Adds property coverage Removes the defective products exclusion Adds the defective products exclusion Removes property coverage - Answer Removes the defective products exclusion All of the follow...