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Commercial Package Policy Quiz 9
15問 • 3ヶ月前
  • ユーザ名非公開
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    問題一覧

  • 1

    CGL Coverage B (Personal and Advertising Injury) will cover

    Inadvertent injury to others caused in the course of advertising the insured's product

  • 2

    The Employee Theft crime policy form includes a coverage extension that applies to employees temporarily outside the coverage territory for up to

    90 days

  • 3

    An individual's contruction company leaves mobile equipment and construction machinery on the job site until the project is completed. What could this individual use to insure it?

    Contractors equipment floater

  • 4

    The extra expense coverage form provides

    Coverage that will permit the insured to continue in business without interruption following a property damage loss

  • 5

    Burglary is defined as

    Taking of property from within the premises leaving visible signs of forced entry

  • 6

    Under Commercial Crime Coverage Form K - Liability for Guests' Property - Safe Deposit Box, which covered is included?

    Loss resulting from acts of employee dishonesty

  • 7

    All of the following are additional causes of loss included in the broad form of a commercial property policy EXCEPT

    Replacement cost

  • 8

    All of the following types of property are covered by a standard builders risk form EXCEPT

    Tools 50 feet away from the building

  • 9

    Crunchy Flakes Cereal Company shipped some of its product in faulty containers that caused spoilage. This resulted in some consumers becoming ill. If the compnay is sued for this event, it would be an example of a

    Product liability claim

  • 10

    How is property insured under the equipment breakdown coverage form?

    On a replacement cost basis

  • 11

    All of the following are essential elements of a commercial package policy (CPP) EXCEPT

    Valuations and/or settlement provisions

  • 12

    If an insured bakery is sued because its marketing states that the products of another bakery may not be safe, which coverage of a commercial general liability policy will defend the suit?

    Personal and advertising injury liability

  • 13

    A liability policy that provides coverage for a claim for injury or damage if the claim is first reported or filed against the insured during the policy period is called

    Claims-made form

  • 14

    In farm insurance, Coverage I - Personal and Advertising Injury Liability for suits alleging personal injury is most similar to the coverage found in which coverage form?

    General liability

  • 15

    An insured unintentionally accepted forged currency during the course of regular business. Which of the following crime coverages protects against such a loss?

    Money orders and counterfeit paper currency

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    問題一覧

  • 1

    CGL Coverage B (Personal and Advertising Injury) will cover

    Inadvertent injury to others caused in the course of advertising the insured's product

  • 2

    The Employee Theft crime policy form includes a coverage extension that applies to employees temporarily outside the coverage territory for up to

    90 days

  • 3

    An individual's contruction company leaves mobile equipment and construction machinery on the job site until the project is completed. What could this individual use to insure it?

    Contractors equipment floater

  • 4

    The extra expense coverage form provides

    Coverage that will permit the insured to continue in business without interruption following a property damage loss

  • 5

    Burglary is defined as

    Taking of property from within the premises leaving visible signs of forced entry

  • 6

    Under Commercial Crime Coverage Form K - Liability for Guests' Property - Safe Deposit Box, which covered is included?

    Loss resulting from acts of employee dishonesty

  • 7

    All of the following are additional causes of loss included in the broad form of a commercial property policy EXCEPT

    Replacement cost

  • 8

    All of the following types of property are covered by a standard builders risk form EXCEPT

    Tools 50 feet away from the building

  • 9

    Crunchy Flakes Cereal Company shipped some of its product in faulty containers that caused spoilage. This resulted in some consumers becoming ill. If the compnay is sued for this event, it would be an example of a

    Product liability claim

  • 10

    How is property insured under the equipment breakdown coverage form?

    On a replacement cost basis

  • 11

    All of the following are essential elements of a commercial package policy (CPP) EXCEPT

    Valuations and/or settlement provisions

  • 12

    If an insured bakery is sued because its marketing states that the products of another bakery may not be safe, which coverage of a commercial general liability policy will defend the suit?

    Personal and advertising injury liability

  • 13

    A liability policy that provides coverage for a claim for injury or damage if the claim is first reported or filed against the insured during the policy period is called

    Claims-made form

  • 14

    In farm insurance, Coverage I - Personal and Advertising Injury Liability for suits alleging personal injury is most similar to the coverage found in which coverage form?

    General liability

  • 15

    An insured unintentionally accepted forged currency during the course of regular business. Which of the following crime coverages protects against such a loss?

    Money orders and counterfeit paper currency