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Exam (elaborations)

Texas all lines adjuster license commercial general liability chapter 8 Correct 100%

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Commercial general liability ( CGL) - Answer This covers business liability hazards that are not covered under more specialiazed forms of insurance such as auto, marine, workers compensation and others. What are three forms of CGL - Answer Professional liability Product liability Premises liability When liability is limited to acts of negligence, professional liability insurance may be called _______ liability - Answer "Errors and omissions" The most common cause of action in a products liability claim is______ - Answer Negligence Claims arising from events outside the policy period or claims reported to the insurer outside the policy period are not covered unless special coverage is purchased or arranged with the insurer. There are two types of special coverages: - Answer Prior acts "nose" coverage Run off "tail" coverage

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Texas All Lines Adjuster
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Texas all lines adjuster








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Institution
Texas all lines adjuster
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Texas all lines adjuster

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Uploaded on
September 15, 2023
Number of pages
3
Written in
2023/2024
Type
Exam (elaborations)
Contains
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Subjects

R173,92
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