Coverages - Study guides, Class notes & Summaries

Colorado Health Insurance Exam| Questions and Verified Answers| Grade A (2023/2024) QUESTION J has a physical impairment, attends school, and is incapable of self-sustaining employment and/ or self care. Which of the following statements is CORRECT about J's medical coverage under J's father's group plan? A. J's coverage ceases, but J may apply for group student coverage. B. J's coverage automatically discontinues at age twenty-six. C. J's coverage continues only as long ...

The Occurrence form it doesn't matter when the loss is reported, but the date the loss occurred must be during the policy period. The Supplemental Extended Reporting Period The cost of the endorsement may be up to 200% of the CGL's annual premium. This is a one-time charge and is fully earned at issuance. Product liability would cover Product liability applies to bodily injury the product causes away from the insured's premises. A customer contracting food poisoning is a perf...

1. Select the false statement listed below: In the HO-3 policy, the ALE pay- ments will be made only for: Select the single best answer: A. The shortest time necessary to repair or replace the damaged property, but not to exceed 24 months. B. If the insured does not rebuild, the time necessary for the insured to relocate in permanent living quarters, but not to exceed 24 months. C. ALE payments can run beyond the expiration of the policy. D. ALE payments are limited to incurred costs fo...

NEW HAMPSHIRE PROPERTY & CASUALTY QUIZ QUESTIONS WITH COMPLETE SOLUTIONS 100% What is true about controlled forms? - correct answer These forms are usually issued according to published rules and rates When will an insurance company pay damages on behalf of an insured under a CGL policy? - correct answer when the company determines that the insured is legally liable A loss reserving method that establishes aggregate reserves for all claims for a single type of insurance is known as - co...

CIP C13 - CH09 - DECLARATIONS PAGE; MISC LIABILITY COVERAGES

CIC - Commercial Multiline - Cyber Exposures & Coverages Questions And Answers Latest |Update| Verified Answers

The insurer and insured agree to a specific value of insured item Correct Answer: Agreed Value Policies Someone who has care, custody or control of another's property Correct Answer: Bailee Claim filed by policy holder against his _ Correct Answer: First Party Claim When a person who entrusts another with an object and it results in injury to someone can be held liable for the injury to someone. Can be held liable for the injury i.e. Firearm or DWI Correct Answer: Negligent Entrust...

CIP C13 - CH09 - DECLARATIONS PAGE; MISC LIABILITY COVERAGES

Epi Means "outside" or "over" Peri Means "around" Endo Means "inside" Mysium MuscleSuperior Above (or toward the head) Inferior Below (or toward the feet)

Project Management Life Cycle 1) Initiation 2) Planning 3)Executing 4) Monitoring & Controlling 5)Closing How projects come about 1) Market Demand 2) Strategic Opportunity/Business Need 3) Customer Request 4) Technological Advance 5) Legal Requirement 6) Environmental Consideration 7) Social Need Types of Organizational Structures 1) The Functional Organization -A hierarchical chain with each staff member reporting to one supervisor2) The Matrix Organization -Allows team members...