CISR Commercial Casualty 1: Questions With Tailored
Solutions
Automatic Insured Right Ans - The person or organization qualifying as an
Insured under the Who Is An Insured provision
The CGL Coverage Form provides coverage for a number of persons or
organizations other than the Named Insured. All of the following may be
considered an Insured under an unendorsed CGL Policy EXCEPT
A. a tenant of the Named Insured's premises
B. a real estate manager of the Insured
C. a newly formed corporation
D. an employee of the Insured Right Ans - A. a tenant of the Named
Insured's premises
Your insured, Smith, Inc., just formed a new partnership - is there coverage
under the unendorsed CGL policy? Right Ans - No, there is no automatic
coverage for the new partnership
Describe how the CGL coverage territory applies to a product liability loss.
Right Ans - It provides worldwide coverage for any products made or sold in
the US, its territories and possessions, Puerto Rico, and Canada, but only if the
suit is brought in the territory listed here.
Which of the following is considered an "insured contract" in the CGL
Coverage Form?
A. A contract that indemnifies a railroad for the construction of a railroad
bridge
B. A lease of premises, except for indemnification due to damage caused by
fire.
C. A contract in which an insured architect assumes liability for injury from
rendering his professional services.
D. A contract that indemnifies an engineer for errors in surveys he completed
Right Ans - B. A lease of premises, except for indemnification due to damage
caused by fire.
An improperly secured wall display at Beth's Boutique falls onto a customer.
The customer sustains a head injury and a laceration that required stitches.
, Beth's Boutique can be held financially liable for the customer's medical bills.
What type of liability exposure is this? Right Ans - Premises liability
A contractor is clearing some land to expand a mall parking lot. While
operation the bulldozer, the contractor accidentally damages some
underground pipes. This damage is a result of which type of liability
exposure? Right Ans - Owner, maintenance, or use of other conveyances
such as mobile equipment.
Each of the following is an example of a tort EXCEPT
A. Absolute Liability
B. Negligence
C. Contractual Liability
D. Strict Liability Right Ans - C. Contractual Liability
A statue is defined as Right Ans - a law enacted by a legislative body
Special Damages Right Ans - Losses are compensated to an injured party by
the liable person paying a sum of money to the claimant. BLANK are specific
dollar amount that cover the costs of medical bills, lost income, rehabilitation
expenses, or the repair or replacement of property.
Pain and suffering are what type of damages? Right Ans - General damages
Personal and Advertising Injury liability coverage pays for damages under
which of the following circumstances?
A. Personal and Advertising Injury regardless of fault
B. Physical damage to advertising signs and billboards caused by named
perils.
C. Personal and Advertising Injury, as defined, caused by an offense arising out
of the Named Insured's business.
D. A loss of money caused by poor advertising campaign. Right Ans - C.
Personal and Advertising Injury, as defined, caused by an offense arising out
of the Named Insured's business.
The definition in the CGL Coverage Form for "Personal and Advertising Injury"
includes all of the following EXCEPT
A. unfair employment practices
B. malicious prosecution
Solutions
Automatic Insured Right Ans - The person or organization qualifying as an
Insured under the Who Is An Insured provision
The CGL Coverage Form provides coverage for a number of persons or
organizations other than the Named Insured. All of the following may be
considered an Insured under an unendorsed CGL Policy EXCEPT
A. a tenant of the Named Insured's premises
B. a real estate manager of the Insured
C. a newly formed corporation
D. an employee of the Insured Right Ans - A. a tenant of the Named
Insured's premises
Your insured, Smith, Inc., just formed a new partnership - is there coverage
under the unendorsed CGL policy? Right Ans - No, there is no automatic
coverage for the new partnership
Describe how the CGL coverage territory applies to a product liability loss.
Right Ans - It provides worldwide coverage for any products made or sold in
the US, its territories and possessions, Puerto Rico, and Canada, but only if the
suit is brought in the territory listed here.
Which of the following is considered an "insured contract" in the CGL
Coverage Form?
A. A contract that indemnifies a railroad for the construction of a railroad
bridge
B. A lease of premises, except for indemnification due to damage caused by
fire.
C. A contract in which an insured architect assumes liability for injury from
rendering his professional services.
D. A contract that indemnifies an engineer for errors in surveys he completed
Right Ans - B. A lease of premises, except for indemnification due to damage
caused by fire.
An improperly secured wall display at Beth's Boutique falls onto a customer.
The customer sustains a head injury and a laceration that required stitches.
, Beth's Boutique can be held financially liable for the customer's medical bills.
What type of liability exposure is this? Right Ans - Premises liability
A contractor is clearing some land to expand a mall parking lot. While
operation the bulldozer, the contractor accidentally damages some
underground pipes. This damage is a result of which type of liability
exposure? Right Ans - Owner, maintenance, or use of other conveyances
such as mobile equipment.
Each of the following is an example of a tort EXCEPT
A. Absolute Liability
B. Negligence
C. Contractual Liability
D. Strict Liability Right Ans - C. Contractual Liability
A statue is defined as Right Ans - a law enacted by a legislative body
Special Damages Right Ans - Losses are compensated to an injured party by
the liable person paying a sum of money to the claimant. BLANK are specific
dollar amount that cover the costs of medical bills, lost income, rehabilitation
expenses, or the repair or replacement of property.
Pain and suffering are what type of damages? Right Ans - General damages
Personal and Advertising Injury liability coverage pays for damages under
which of the following circumstances?
A. Personal and Advertising Injury regardless of fault
B. Physical damage to advertising signs and billboards caused by named
perils.
C. Personal and Advertising Injury, as defined, caused by an offense arising out
of the Named Insured's business.
D. A loss of money caused by poor advertising campaign. Right Ans - C.
Personal and Advertising Injury, as defined, caused by an offense arising out
of the Named Insured's business.
The definition in the CGL Coverage Form for "Personal and Advertising Injury"
includes all of the following EXCEPT
A. unfair employment practices
B. malicious prosecution
