Advertising injury Study guides, Class notes & Summaries

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...

Which one of the following best describes real property? Select one: A. Property being shipped to or from others. B. Business personal property that includes furniture, machinery and equipment, and stock/inventory. C. Tangible property that includes land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. - C. Tangible property that includes land, structures permanently attached to the land, and...

Which one of the following best describes real property? Select one: A. Property being shipped to or from others. B. Business personal property that includes furniture, machinery and equipment, and stock/inventory. C. Tangible property that includes land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. C. Tangible property that includes land, structures permanently attached to the land, and w...

CIC - Commercial Casualty Institute Latest Update Graded A+ Identify 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 perio...

NY P&C EXAM QUESTIONS AND ANSWERS ALREADY PASSED Under the Equipment Breakdown Coverage Form, which of the following describes expediting expenses? Payment for repairs which accelerate the period of restoration Expediting expenses are those which hasten the period of restoration. By getting the business up to speed more quickly, these expenses are offset by the ability to generate revenue sooner. Which of the following is covered by Coverage E of the Farm Property Coverage Part? Sch...

Utah MPJE-Federal Law Questions and Answers Graded A+ What does CFR relate to? federal regulations What does USC relate to? united states code (laws) What does UAC relate to? Utah administrative code What does UCA relate to? Utah code annotated (law) What are the 4 parts of negligence? duty (obligation by the individual to conform to a specific standard of conduct) breach- violation of that legal obligation by defendant causation- the breach is the actual and proximate cause...

2024 CPCU 552 REAL EXAM WITH ALL 100 QUESTIONS AND CORRECT DETAILED ANSWERS (GUARANTEED PASS!!) Assuming the policy is written on an occurrence basis, how much of the general aggregate limit, if any, remains if the following claims have been paid under the policy? -a premises/operations liability claim of $600,000 -a products liability claim of $1,200,000 $3,000 of medical expenses to a customer injured on the premises. -a personal and advertising injury liability claim of $300,000 ...

NJ property insurance law Exam with complete solutions In New Jersey, and insurer must provide at least______ advance notice for cancellation of property coverages for nonpayment of premium 10 days The employment of another producer by a producer is subject to all of the following requirements, except a. the employer shall examine the credentials of the kinds of business described in the contract. b. the employer shall be responsible for the insurance related conduct of the employee ...

A claim that is characterized by an extended delay between the claim's triggering event and the reporting of the event to the insurer. - Long-Tail Claim The most commonly used standard form for providing CGL insurance is the ____ of Insurance Services Office (ISO). This coverage form can be combined with CGL declarations and any applicable endorsements to form a CGL coverage part. This coverage part can be either included in a commercial package policy or issued as a monoline policy. - Com...