Premises types in cgl - Study guides, Class notes & Summaries

AP what does liability section provide protection from claims for? - Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - Medical payments personal injury protection uninsured/underinsured motorist bodily injury and/or property damage losses List all BAP Coverage Exposures? - Lia...

AINS 103 EXAM QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) ALREADY GRADED A+ Ava is Regional Manager for Goshen Mutual. She is looking over the past auto losses for Disposal Inc. She is tracking the experience of their drivers, the location of accidents, and the severity of the injury to their employees and the public. She is trying to determine the frequency and severity of the auto exposure for Disposal and to use the future models to suggest where Disposal alloca...

In BAP what does liability section provide protection from claims for? - Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - Medical payments personal injury protection uninsured/underinsured motorist bodily injury and/or property damage losses List all BAP Coverage Exposure...

Texas all lines adjuster license commercial general liability chapter 8 Commercial general liability ( CGL) - correct answer This covers business liability hazards that are not covered under more specialized forms of insurance such as auto, marine, workers compensation and others. What are three forms of CGL - correct answer Professional liability Product liability Premises liability When liability is limited to acts of negligence, professional liability insurance may be called ______...

In BAP what does liability section provide protection from claims for? - correct answer Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - correct answer provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - correct answer Medical payments personal injury protection uninsured/underinsured motorist bodily injury and/or property dama...

Which one of the following best describes real property? Select one: A. Property being shipped to or from others. B. Business personal property that includes furniture, machinery and equipment, and stock/inventory. C. Tangible property that includes land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. - Correct Ans-C. Tangible property that includes land, structures permanently attached to ...

Premises - Answer: Arises out of injury or property damage because of the ownership, maintenance, or use of a specific location Operations - Answer: Arises out of exposures that typically occur away from the premises of the business Products - Answer: Caused by defects in product design, manufacturing, or the failure to sufficiently warn or explain the safe use of the product to consumers Environmental Impairment - Answer: Occurs when the operations or products of a business creates...

Alabama Property and Casualty Insurance Questions and Answers Graded A 2 reasons - No Flood Catastophic, adverse selection Watercraft Policy Open cockpit, 26 feet or less in length Absolute Liabilty Strong Liklihood of harming others Intervening Cause Disruption in chain of events Negligence LBPD - Legal Duty Owed, Breach of Legal Duty, Proximate Cause, and Damages. 25 mph What is the maximum horesepower a boat can have and be covered under a H.O. Policy Personal Liability Coverage Single ...

Texas all lines adjuster license commercial general liability chapter 8 already passed Commercial general liability ( CGL) - Answer ️️ -This covers business liability hazards that are not covered under more specialiazed forms of insurance such as auto, marine, workers compensation and others. What are three forms of CGL - Answer ️️ -Professional liability Product liability Premises liability When liability is limited to acts of negligence, professional liability insurance may be ...

CIC Commercial Casualty CGL Exam 2024 Updated 100% Correct Answers 6 Casualty exposures covered by CGL policy - Answer -Premises, Business operations, Products, Completed operations, Contractual, Contingent/vicarious Premises types in CGL - Answer -Any location owned, rented, leased, borrowed, or used for business Locations of business operations CGL - Answer -On premises or away from premises Types of products covered by CGL - Answer -Retail, wholesale, distributed, or manufactured 3 typ...