Advertising injury - Study guides, Class notes & Summaries

Why can occurrence policies be difficult for insurers? - ️️open-ended nature of claim reporting makes it difficult to estimate the ultimate losses that will be made against the policy What influences led to the development of the 1st Standard General Liability Policy - ️️Policy Issues * Forms independently written by insurers * Inconsistent, complex & confusing * Ambiguous/complex legal language * Difficult for courts to interpret CGL covers damages arise out of - ️️1. Bodil...

AINS23 Practice Exam Questions and Answers All Correct Which one of the following statements is true if the named insured is an individual under the Commercial General Liability (CGL) Coverage Form? Select one: A. His or her spouse is also an insured only when specifically listed on the declarations page. B. Coverage applies only to claims arising from the conduct of a business owned solely by the named insured. C. Both the named insured and spouse are covered for their non-business activi...

CPCU 552, CP&L FINAL EXAM 2024 WITH 150 REAL EXAM QUESTIONS AND CORRECT ANSWERS (100% CORRECT ANSWERS) BRAND NEW!! Aircraft have a significant exposure to catastrophe losses. Of the many reasons for the catastrophic loss potential of aircraft, the most significant is - ANSWER-The physical properties of aircraft. The Grey Corporation has a Commercial General Liability Coverage Form with the following limits: Each Occurrence $1,000,000 Damage to rented premises $100,000 each occurrenc...

Types of Casualty Policies, Bonds and Related Terms Questions and Answers 100% Pass personal injury - Correct Answer ️️ -injury to a persons character advertising injury - Correct Answer ️️ -nonphysical injury to a business (defamation) coverage territory - Correct Answer ️️ --united states -US territories and possessions -Canada premise and operations - Correct Answer ️️ -hazards related to ownership, maintenance or use of the insured's premises and all business operati...

dentify the Specific Rights & Responsibilities of the First Named Insured (Objective #1) 1- Cancel Policy 2- Receive Notice of Cancellation 3- Make Changes to Policy (with Insurer Consent) 4- Payment of Premiums 5- Payee for Returned Premium Compare and Contrast the Occurrence Form with the Claims Made Form, as to what activates coverage (Learning Objective #2) Occurrence Form: - BI/PD must occur during the policy period - P/Adv committed during policy period - The policy in forc...

Colorado Mental Health Jurisprudence Exam Questions And Answers 2023/2024 Rated A+. Records required to be kept and record retention (DORA) - Correct Answer-SW must retain record for 7 years from the date of termination. I Record information on record - Correct Answer-name, phi, referral reason, mandatory disclosure statement. (5) Dates of service including, but not limited to the date of each contact with client, the date on which services began, and the date of last contact with client; ...

another name for insurance agent is: principal producer broker recorder correct answers producer another name for insurer is: principal producer broker policymaker correct answers 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 correct answers Removes the defective products exclusion...

Types of Casualty Policies, Bonds and Related Terms Questions and Answers 100% Pass personal injury - Correct Answer ️️ -injury to a persons character advertising injury - Correct Answer ️️ -nonphysical injury to a business (defamation) coverage territory - Correct Answer ️️ --united states -US territories and possessions -Canada premise and operations - Correct Answer ️️ -hazards related to ownership, maintenance or use of the insured's premises and all business operati...

AINS 103 Exam Questions With Verified Answers 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. - ANS C. Tangible property that includes l...

Utah MPJE-Federal Law Questions and Answers Graded A+ What does CFR relate to? federal regulations What does USC relate to? united states code (laws) What does UAC relate to? Utah administrative code What does UCA relate to? Utah code annotated (law) What are the 4 parts of negligence? duty (obligation by the individual to conform to a specific standard of conduct) breach- violation of that legal obligation by defendant causation- the breach is the actual and proximate cause...