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Commercial Package Policy Quiz 2
15問 • 3ヶ月前
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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

    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

  • 3

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

    Loss resulting from acts of employees dishonesty

  • 4

    The common policy condition is a modular part combined with other parts to create the contract.The common policy condition section contains provisions that are applicable to all lines of coverage that may be included in the policy. Which of the following provisions would be found in the common policy conditions section of the policy?

    The first named insured may cancel the policy at any time by giving the written notice to the insurer

  • 5

    In which of the following situations would a common carrier be legally liable for damage to property being transported?

    Property is stolen as a result of a driver leaving a vehicle unlocked

  • 6

    The livestock coverage form covers which of the following losses?

    Named peril coverage for death of livestock

  • 7

    What are common carriers required to issue to every shipper that a transports goods for?

    A uniform bill of lading

  • 8

    A commercial property special form covers property in transit up to

    $5,000

  • 9

    All of the following conditions must exist for injury or damage to be included in the products and completed operations hazard of a commercial general liability policy EXCEPT

    The injury or damage must occur within 90 days after the insured's work is completed

  • 10

    Which of the following commercial crime coverages would cover a loss resulting from the theft of the company's money and securities from the armored vehicle making a delivery?

    Outside the premises

  • 11

    In which type of commercial crime policy coverage is triggered by a loss that happens during the policy period but is not necessarily discovered during the policy period?

    Loss sustained form

  • 12

    Which crime coverage form is used to cover securities held in trust by another party as collateral for some obligation?

    Coverage J - Securities Deposited with Others

  • 13

    HMS Toys carries more inventory from October 1 to December 31. Which of these would provide higher coverage limits during those months and lower limits the rest of the year?

    Peak season

  • 14

    If a guest's property is lost or damaged while on the insured's premises or in their control, Crime Coverage Form L - Liability for Guests' Property - Premises covers the insured's

    Legal liability

  • 15

    The occurrence form trigger is based on which of the following?

    The date when injury or damage occurs

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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

    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

  • 3

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

    Loss resulting from acts of employees dishonesty

  • 4

    The common policy condition is a modular part combined with other parts to create the contract.The common policy condition section contains provisions that are applicable to all lines of coverage that may be included in the policy. Which of the following provisions would be found in the common policy conditions section of the policy?

    The first named insured may cancel the policy at any time by giving the written notice to the insurer

  • 5

    In which of the following situations would a common carrier be legally liable for damage to property being transported?

    Property is stolen as a result of a driver leaving a vehicle unlocked

  • 6

    The livestock coverage form covers which of the following losses?

    Named peril coverage for death of livestock

  • 7

    What are common carriers required to issue to every shipper that a transports goods for?

    A uniform bill of lading

  • 8

    A commercial property special form covers property in transit up to

    $5,000

  • 9

    All of the following conditions must exist for injury or damage to be included in the products and completed operations hazard of a commercial general liability policy EXCEPT

    The injury or damage must occur within 90 days after the insured's work is completed

  • 10

    Which of the following commercial crime coverages would cover a loss resulting from the theft of the company's money and securities from the armored vehicle making a delivery?

    Outside the premises

  • 11

    In which type of commercial crime policy coverage is triggered by a loss that happens during the policy period but is not necessarily discovered during the policy period?

    Loss sustained form

  • 12

    Which crime coverage form is used to cover securities held in trust by another party as collateral for some obligation?

    Coverage J - Securities Deposited with Others

  • 13

    HMS Toys carries more inventory from October 1 to December 31. Which of these would provide higher coverage limits during those months and lower limits the rest of the year?

    Peak season

  • 14

    If a guest's property is lost or damaged while on the insured's premises or in their control, Crime Coverage Form L - Liability for Guests' Property - Premises covers the insured's

    Legal liability

  • 15

    The occurrence form trigger is based on which of the following?

    The date when injury or damage occurs