CIC - CASUALTY KNOWLEDGE
QUESTIONS & ANSWERS(RATED A+)
Spouses of any type of named insured are automatically considered insureds -
ANSWER False
A partnership is the only named insured listed on the CGL Declarations. A partner of the
partnership buys a building in his/her own name during the policy period. A bodily injury
loss occurs at the building, and the partner is sued for damages. Does the partner have
insured status under the partnership's CGL Policy for this suit? - ANSWER NO (b/c
buying a building in his own name was a side business)
A nurse employed at a rehab center administers the wrong medicine to a patient
resulting in injury. A suit is filed against the nurse for damages. Does the nurse have
insured status under the rehab center's CGL policy? - ANSWER NO (you have to go get
Medical Malpractice policy)
A named insured acquires a corporation 30 days prior to the named insured;s CGL
policy's expiration date. Which of the following is an accurate statement? - ANSWER In
this scenario, the newly acquired corporation automatically qualifies as an insured but
only until the end of the policy period.
A newly formed joint venture is an automatic insured - ANSWER False
Indicate which of the following are true regarding the meaning of "property damage" as
defined in the CGL Coverage Form....
A. Physical injury to tangible property, includes all resulting loss of use of that property -
ANSWER TRUE
Indicate which of the following are true regarding the meaning of "property damage" as
defined in the CGL Coverage Form....
B. Includes loss of use of tangible property that is not physical injured - ANSWER
TRUE
Indicate which of the following are true regarding the meaning of "property damage" as
defined in the CGL Coverage Form....
C. Electronic data is considered tangible property - ANSWER FALSE
The named insured manufactures and sells kitchen appliances in the US. A customer
living in Mexico is injured while using an appliance manufactured by the named insured
and files a lawsuit. Which statement accurately describes coverage? - ANSWER The
CGL Policy extends coverage for this type of claim, if the responsibility for damages is
determined from the suit filed and decided in the US, its territories and possessions,
Puerto Rico and Canada
, The named insured, located in New York, is in the fashion business. In the following
situations, does the coverage apply to bodily injury or property damage caused by an
employee while conducting the named insured's business in Europe under an
unendorsed CGL Policy?
A. A salespersons who resides in New York, travels to Europe for 10 days on business.
A suite is filed in New York. - ANSWER YES
The named insured, located in New York, is in the fashion business. In the following
situations, does the coverage apply to bodily injury or property damage caused by an
employee while conducting the named insured's business in Europe under an
unendorsed CGL Policy?
B. An employee permanently resides in France to conduct the European sales for the
named insured. A suite is filed in New York - ANSWER NO
Which of the following are considered "insured contracts" according to the definition in
the CGL Coverage Form?
A. All contracts signed by the named insured - ANSWER NO
Which of the following are considered "insured contracts" according to the definition in
the CGL Coverage Form?
B. All liability assumed in a lease of premises - ANSWER NO
Indicate if the following are covered or excluded under Coverage A of an unendorsed
CGL Policy.
D. Waste being treated at the named insured's manufacturing plant escapes causing
property damage to several nearby businesses - ANSWER EXCLUDED
- ANSWER The named insured hits and damages property while operating a drone
(unmanned aircraft)
The following losses is COVERED under Coverage A of an unendorsed CGL Policy. -
ANSWER - The named insured operates a lakeside inn. A kayak owned by the named
insured falls off its storage rack injuring a guest
- While valet parking a customer's auto, an employee of the named insured hits and
injures a pedestrian
- The named insured is a tree trimmer who owns a truck with a mounted cherry picker.
While raising the bucket to trim branches, the bucket snags and damages a utility line
- ANSWER COVERED
Indicate if the following losses are covered or excluded under Coverage A of an
unendorsed CGL Policy
B. An employee, operating a forklift, backs into the named insured's storage barn
causing property damage - ANSWER EXCLUDED
QUESTIONS & ANSWERS(RATED A+)
Spouses of any type of named insured are automatically considered insureds -
ANSWER False
A partnership is the only named insured listed on the CGL Declarations. A partner of the
partnership buys a building in his/her own name during the policy period. A bodily injury
loss occurs at the building, and the partner is sued for damages. Does the partner have
insured status under the partnership's CGL Policy for this suit? - ANSWER NO (b/c
buying a building in his own name was a side business)
A nurse employed at a rehab center administers the wrong medicine to a patient
resulting in injury. A suit is filed against the nurse for damages. Does the nurse have
insured status under the rehab center's CGL policy? - ANSWER NO (you have to go get
Medical Malpractice policy)
A named insured acquires a corporation 30 days prior to the named insured;s CGL
policy's expiration date. Which of the following is an accurate statement? - ANSWER In
this scenario, the newly acquired corporation automatically qualifies as an insured but
only until the end of the policy period.
A newly formed joint venture is an automatic insured - ANSWER False
Indicate which of the following are true regarding the meaning of "property damage" as
defined in the CGL Coverage Form....
A. Physical injury to tangible property, includes all resulting loss of use of that property -
ANSWER TRUE
Indicate which of the following are true regarding the meaning of "property damage" as
defined in the CGL Coverage Form....
B. Includes loss of use of tangible property that is not physical injured - ANSWER
TRUE
Indicate which of the following are true regarding the meaning of "property damage" as
defined in the CGL Coverage Form....
C. Electronic data is considered tangible property - ANSWER FALSE
The named insured manufactures and sells kitchen appliances in the US. A customer
living in Mexico is injured while using an appliance manufactured by the named insured
and files a lawsuit. Which statement accurately describes coverage? - ANSWER The
CGL Policy extends coverage for this type of claim, if the responsibility for damages is
determined from the suit filed and decided in the US, its territories and possessions,
Puerto Rico and Canada
, The named insured, located in New York, is in the fashion business. In the following
situations, does the coverage apply to bodily injury or property damage caused by an
employee while conducting the named insured's business in Europe under an
unendorsed CGL Policy?
A. A salespersons who resides in New York, travels to Europe for 10 days on business.
A suite is filed in New York. - ANSWER YES
The named insured, located in New York, is in the fashion business. In the following
situations, does the coverage apply to bodily injury or property damage caused by an
employee while conducting the named insured's business in Europe under an
unendorsed CGL Policy?
B. An employee permanently resides in France to conduct the European sales for the
named insured. A suite is filed in New York - ANSWER NO
Which of the following are considered "insured contracts" according to the definition in
the CGL Coverage Form?
A. All contracts signed by the named insured - ANSWER NO
Which of the following are considered "insured contracts" according to the definition in
the CGL Coverage Form?
B. All liability assumed in a lease of premises - ANSWER NO
Indicate if the following are covered or excluded under Coverage A of an unendorsed
CGL Policy.
D. Waste being treated at the named insured's manufacturing plant escapes causing
property damage to several nearby businesses - ANSWER EXCLUDED
- ANSWER The named insured hits and damages property while operating a drone
(unmanned aircraft)
The following losses is COVERED under Coverage A of an unendorsed CGL Policy. -
ANSWER - The named insured operates a lakeside inn. A kayak owned by the named
insured falls off its storage rack injuring a guest
- While valet parking a customer's auto, an employee of the named insured hits and
injures a pedestrian
- The named insured is a tree trimmer who owns a truck with a mounted cherry picker.
While raising the bucket to trim branches, the bucket snags and damages a utility line
- ANSWER COVERED
Indicate if the following losses are covered or excluded under Coverage A of an
unendorsed CGL Policy
B. An employee, operating a forklift, backs into the named insured's storage barn
causing property damage - ANSWER EXCLUDED
