Commercial casualty ii Study guides, Class notes & Summaries

Commercial Casualty II – CISR | 2024 Questions & Answers | 100% Correct | Verified 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/unde...

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

Employee—Advantages of WC - • Defined benefits if injured on the job • Benefits regardless of negligence • Some benefits last a lifetime Employer—Advantages of WC - • No lawsuits from injured employees. • Cost of insurance is predictable. • Tangible benefit to employees. Funding Workers Compensation Benefits - • Purchasing a policy from a private insurance company (most common). • Purchasing coverage from a competitive state fund. • Allowing employers, or groups of...

CISR COMMERCIAL CASUALTY II QUESTIONS AND ANSWERS ELABORATION!!

State workers compensation laws are no-fault systems. T/F - True Employer purchase of workers compensation insurance is voluntary in all state but Texas and New Jersey. T/F - False; With the exception of Texas and new Jersey, all states have made employer purchase of workers compensation insurance mandatory. One advantage of workers compensation to employers is predictable costs. T/F - True List 4 states that have monopolistic funds. - North Dakota, Ohio, Wyoming, Washington List 2 states ...

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 Exposures?...

Commercial Casualty II – CISR Questions And Answers GRADED A!!! 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 in...

Accident An event or continuous or repeated exposure to the same conditions resulting in bodily injury or property damage. Auto A land motor vehicle; trailer or semi trailer designed for travel on public roads; or any other land vehicle that is subject to a compulsory or financial responsibility law or other motor vehicle insurance law where it is licensed or principally garaged. An auto does not include "mobile equipment". Bodily injury Injury, sickness, or death sustained by a person ...

Commercial Casualty II – CISR Questions And Answers 2023

Commercial Casualty II – CISR Questions And Answers GRADED A!!! 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 in...