Cris designation Study guides, Class notes & Summaries

CRIS Designation Question and answers correctly solved Last document update:   ago

CRIS Designation Question and answers correctly solved Insuring Agreement: The CGL policy's Coverage A insuring agreement places an obligation on the insurer to pay covered _________ or ____________ for which the insured is legally liable. - correct answer "bodily injury" "property damage" Whereas the Coverage A insuring agreement grants blanket coverage for contractually assumed liabilities, the Coverage A contractual liability exclusion.... - correct answer turns around and el...

CRIS Designation Question and answers verified to pass Last document update:   ago

CRIS Designation Question and answers verified to pass additional insured - correct answer A person or organization not automatically included as an insured under an insurance policy but for which insured status is arranged, usually by endorsement. A named insured's impetus for providing additional insured status to others may be a desire to protect the other party because of a close relationship with that party (e.g., employees or members of an insured club) or to comply with a contractual a...