RMIN 5100s: Exam 3 - CH. 5 (Brown)
Exam Questions and Answers (Latest
2026)
Components of a commercial general liability coverage part -
Correct Answers ✅Commercial liability declarations,
Commercial liability coverage form(s), Endorsements
Endorsements - Correct Answers ✅These change the
policy forms above (may add or remove coverage)
Commercial General Liability Declarations - Correct
Answers ✅Named insured's name and address, Policy
inception/expiration dates, Property description & location,
Limits of insurance, List of coverage forms and endorsements
Commercial General Liability Coverage form - Correct
Answers ✅insuring agreement, exclusions, who is an
insured, limits of insurance, conditions, definitions
What exposures does the CGL cover? - Correct Answers
✅Premises and operations, products and completed
operations, personal and advertising injury
Personal and advertising injury - Correct Answers ✅libel,
slander, false arrest, wrongful eviction, copyright
infringement
, RMIN 5100s: Exam 3 - CH. 5 (Brown)
Exam Questions and Answers (Latest
2026)
CGL Coverages - Correct Answers ✅Coverage A - BI/PD
Liability
Coverage B - Personal & Advertising liability
Coverage C - Medical Payments
Coverage A insuring agreement - Correct Answers ✅we
will pay those sums that the insured becomes legally
obligated to pay as damages because of "BI" or "PD" to which
this insurance applies
Insuring agreement - Correct Answers ✅Means -
insured must legally pay damages, damages must result from
BI/PD as defined in policy, BI/PD must be caused by an
occurrence, occurrence must take place in coverage territory
Legally obligated to pay damages - Correct Answers
✅insured is legally liable for damages, liability results from
legal wrongs
who determines legal liability? - Correct Answers ✅Courts,
Insurance companies
what if the insured doesn't want to settle? - Correct
Answers ✅insurers may at discretion investigate any
"occurrence" and settle any claim or "suit" that may result
Exam Questions and Answers (Latest
2026)
Components of a commercial general liability coverage part -
Correct Answers ✅Commercial liability declarations,
Commercial liability coverage form(s), Endorsements
Endorsements - Correct Answers ✅These change the
policy forms above (may add or remove coverage)
Commercial General Liability Declarations - Correct
Answers ✅Named insured's name and address, Policy
inception/expiration dates, Property description & location,
Limits of insurance, List of coverage forms and endorsements
Commercial General Liability Coverage form - Correct
Answers ✅insuring agreement, exclusions, who is an
insured, limits of insurance, conditions, definitions
What exposures does the CGL cover? - Correct Answers
✅Premises and operations, products and completed
operations, personal and advertising injury
Personal and advertising injury - Correct Answers ✅libel,
slander, false arrest, wrongful eviction, copyright
infringement
, RMIN 5100s: Exam 3 - CH. 5 (Brown)
Exam Questions and Answers (Latest
2026)
CGL Coverages - Correct Answers ✅Coverage A - BI/PD
Liability
Coverage B - Personal & Advertising liability
Coverage C - Medical Payments
Coverage A insuring agreement - Correct Answers ✅we
will pay those sums that the insured becomes legally
obligated to pay as damages because of "BI" or "PD" to which
this insurance applies
Insuring agreement - Correct Answers ✅Means -
insured must legally pay damages, damages must result from
BI/PD as defined in policy, BI/PD must be caused by an
occurrence, occurrence must take place in coverage territory
Legally obligated to pay damages - Correct Answers
✅insured is legally liable for damages, liability results from
legal wrongs
who determines legal liability? - Correct Answers ✅Courts,
Insurance companies
what if the insured doesn't want to settle? - Correct
Answers ✅insurers may at discretion investigate any
"occurrence" and settle any claim or "suit" that may result
