Advertising injury Study guides, Class notes & Summaries

What are the two promises the insurer makes? CORRECT ANSWER-1. Indemnity 2.Defense A Commercial General Liability Policy may be written as a CORRECT ANSWER-1. Monoline Policy 2. Multi-Line Policy 6 different forms of business CORRECT ANSWER-1. Individual 2. Partnership 3. Joint Venture 4. Trust 5. Limited Liability Company 6. Organization, including, but not limited to corporations The 5 sections to a CGL Form CORRECT ANSWER-Section I - Coverages Coverage A - Bodily Injury and ...

CPCU 552, CP&L FINAL EXAM 2024 WITH 150 REAL EXAM QUESTIONS AND CORRECT ANSWERS (100% CORRECT ANSWERS) BRAND NEW!! Aircraft have a significant exposure to catastrophe losses. Of the many reasons for the catastrophic loss potential of aircraft, the most significant is - ANSWER-The physical properties of aircraft. The Grey Corporation has a Commercial General Liability Coverage Form with the following limits: Each Occurrence $1,000,000 Damage to rented premises $100,000 each occurrenc...

another name for insurance agent is: principal producer broker recorder correct answers producer another name for insurer is: principal producer broker policymaker correct answers principal The Broad Form Products Coverage endorsement in commercial auto policies does which of the following? Adds property coverage Removes the defective products exclusion Adds the defective products exclusion Removes property coverage correct answers Removes the defective products exclusion...

Advertising Injury correct answers Misappropriation of advertising ideas, or infringement of copyright, title or slogan Agency correct answers A legal relationship between two parties: principal and agent Agency System correct answers An insurance distribution system that supports a "middle man" - field force of licensed agents and public buys THROUGH them Agent correct answers The individual appointed by an insurance company to solicit, negotiate, effect, or countersign insurance con...

What kind of retirement plan can a 75-employee for profit corporation establish? - ANSWER-Simple IRA The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the - ANSWER-Exclusion ratio Unfair claims settlement methods and practices by an insurance company include all of the following acts EXCEPT - ANSWER-failure to pay all claims that are reported within 90 days after a loss occurs The settlement option that allows p...

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 operati...

HESI A2 Vocabulary (3) Exam (Latest 2024 Update) Questions and Verified Answers| 100% correct| Grade A Q: Initial First. The Dr. made an initial exam of the patient. Q: Progeny Answer: Offspring Q: Distal Answer: The part of the body farthest from the injury Q: Incidence Answer: Occurrence. The incidence of smoking has decreased in recent years because of the effectiveness of advertising campaigns. Q: Symmetrical Answer: Equal...

dentify the Specific Rights & Responsibilities of the First Named Insured (Objective #1) 1- Cancel Policy 2- Receive Notice of Cancellation 3- Make Changes to Policy (with Insurer Consent) 4- Payment of Premiums 5- Payee for Returned Premium Compare and Contrast the Occurrence Form with the Claims Made Form, as to what activates coverage (Learning Objective #2) Occurrence Form: - BI/PD must occur during the policy period - P/Adv committed during policy period - The policy in forc...

True CORRECT ANSWER-T/F. Commercial General Liability can be written as monoline or multi-line/package. Named Insured, mailing address, term dates, limits, form of business & business description CORRECT ANSWER-What is covered on a CGL declarations? Section I- Coverages Section II- Who Is An Insured Section III- Limits of Insurance Section IV- CGL Conditions Section V- Definitions CORRECT ANSWER-What are the five sections on the CGL Coverage Form? Endorsements CORRECT ANSWER-What a...

Business Law for Accountants - D216 Western Governors University WGU Final guide with complete soluti Scienter Answer - A person has knowledge of wrongdoing and intent of wrongdoing Sox act of 2002 Answer - created the public company accounting oversight board, It states high level managers (CFO, CEO, Senior roles) must maintain an effective system of internal controls. Internal controls get checked by senior management annually Outside Directors Answer - oversee the accounting process...