Types of Casualty Policies, Bonds and Related Terms Questions and Answers 100% Pass

Types of Casualty Policies, Bonds and Related Terms Questions and Answers 100% Pass personal injury - Correct Answer ️️ -injury to a persons character advertising injury - Correct Answer ️️ -nonphysical injury to a business (defamation) coverage territory - Correct Answer ️️ --united states -US territories and possessions -Canada premise and operations - Correct Answer ️️ -hazards related to ownership, maintenance or use of the insured's premises and all business operations premises liability - Correct Answer ️️ -any losses on premises operations liability - Correct Answer ️️ -losses from services or operations products and completed operations - Correct Answer ️️ -covers bodily injury or property damage occurring away from the insured's premises and arising out of the insured's product or work mobile equipment coverage - Correct Answer ️️ --any equipment that is not insured on auto policy CGL coverage A - Correct Answer ️️ --bodily injury -property damage CGL coverage A exclusions - Correct Answer ️️ --expected or intentional injury -contractual liability -liquor liability -pollution -war -damage to property -workers compensation -electronic data CGL coverage B - Correct Answer ️️ --personal injury -advertising injury CGL coverage B exclusions - Correct Answer ️️ --knowingly publishing false material -criminal acts -breach of contract -copyright infringement -media and internet-type businesses -violation of communication laws CGL coverage C - Correct Answer ️️ --medical payments occurrence form for CGL - Correct Answer ️️ --most common form used for a wide variety of businesses claims-made form for CGL - Correct Answer ️️ --used for specialty coverages such as professional liability, malpractice, E&Os occurrence - Correct Answer ️️ -if BI or PD occurs during the policy period, the claim will be paid (even if submitted after policy expiration) claims-made - Correct Answer ️️ -if BI or PD occurs on or after the retroactive date, and the claim is made during the policy period, claim will be paid -after policy expires there is no coverage retroactive date - Correct Answer ️️ --no coverage before this date -inception date of first claims-made policy -future renewals with same insurer have same retro date -uninterrupted coverage from an occurrence policy to latest claims-made -eliminates duplication coverage trigger - Correct Answer ️️ --what makes a policy respond to a claim discovery form - Correct Answer ️️ --loss occurred at any time and w