Texas all lines adjuster license commercial general liability chapter 8.pdf file:///C:/Users/HP/Desktop/New%20fl/Texas%20all%20lines%20ad
Texas All Lines Adjuster License Commercial
General Liability Chapter 8
1. Commercial general liability ( CGL)
Answer This covers business liability hazards thatare not covered under more specialiazed
forms of insurance such as auto, marine,workers compensation and others.
2. What are three forms of CGL
Answer Professional liabilityProduct liability
Premises liability
3. When liability is limited to acts of negligence, professional liability insur-ance may
be called liability
Answer "Errors and omissions"
4. The most common cause of action in a products liability claim is
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,Texas all lines adjuster license commercial general liability chapter 8.pdf file:///C:/Users/HP/Desktop/New%20fl/Texas%20all%20lines%20ad
Answer -
Negligence
5. Claims arising from events outside the policy period or claims reported tothe insurer
outside the policy period are not covered unless special coverageis purchased or arranged
with the insurer.
There are two types of special coverages
Answer Prior acts "nose" coverageRun off "tail" coverage
6. Prior acts (nose) coverage
Answer Covers claims that arise from injury or damage occurring BEFORE the policy period,
but reported to the the insurer after the policyperiod begins.
Prior acts coverage is provided by establishing a "retroactive date" covering injuryor damage
occurring after the retroactive date.
7. Run off (tail) coverage
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