10 COMMERCIAL AUTO

Question 0

CUSTOMER SLIPS ON THE FLOOR IS AN EXAMPLE OF_________ BUSINESS

Answer 0

PREMISES

Question 1

AN IMPROPERLY REPAIRED MICROWAVE CAUSES INJURIES IS AN EXAMPLE OF_____________LIABILITY EXPOSURE

Answer 1

COMPLETED OPERATIONS

Question 2

CUSTOMER GETS SICK AFTER CONSUMING SPOILED SOUP IS AN EXAMMPLE OF___________ LIABILITY EXPOSURE

Answer 2

PRODUCT

Question 3

EMPLOYEE DAMAGES CUSTOMERS AUTO IS AN EXAMPLE OF___________ LIABILITY EXPOSURE

Answer 3

OPERATIONS

Question 4

AN EMPLOYEE CAUSES FIRE DAMAGE IS AN EXAMPLE OF___________ LIABILITY EXPOSURE

Answer 4

FIRE LEGAL

Question 5

PARTY PROVIDES ALCOHOLIC BEVERAGES AT A PARTY AND GUEST IS INJURED IN AN AUTO ACCIDENT IS AN EXAMPLE OF_____________ LIABILITY EXPOSURE

Answer 5

HOST LIQUOR

Question 6

• COMMON FOR USE IN VERY SPECIALIZED TYPES OF BUSINESS
• INJURY OR DAMAGE MUST OCCUR AFTER THE RETROACTIVE DATE
• WHEN DID THE PROPERTY DAMAGE GET REPORTED
• THE EXTENDED REPORTING PROVISION EXTENDS THE REPORTING PERIOD

Answer 6

CLAIMS-MADE FORM

Question 7

• COVERAGE IS TRIGGERED BY THE LOSS ITSELF

* THE MOST COMMON WAY TO WRITE BUSINESS LIABILITY IS THIS FORM

Answer 7

OCCURRENCE FORM

Question 8

INJURIES SUSTAINED BY AN EMPLOYEE

Answer 8

LIABILITY EXCLUSION

Question 9

THE MOST IMPORTANT FOR DETERMINING WHICH POLICY TO WRITE

Answer 9

THE VEHICLE REGISTRATION

Question 10

CGL IS RESTRICTED TO US AND ITS TERRITORIES AND POSSESSIONS AND CANADA

Answer 10

COVERAGE TERRITORY

Question 11

SYMBOL 1

Answer 11

ANY AUTO

Question 12

BAILEE COVERAGE FOR DAMAGE WHEN PULLING SOMEONE ELSES TRAILER

Answer 12

TRAILER INTERCHANGE COVERAGE

Question 13

SYMBOL 9

Answer 13

NON-OWNED AUTOS

Question 14

EXCLUDES CONTRACTURAL LIABILITY EXCEPT FOR TYPES OF INCIDENTAL CONTRACTS

Answer 14

LEASE

Question 15

SYMBOL 8

Answer 15

HIRED AUTOS ONLY

Question 16

SUPPLEMENTARY PAYMENTS UNDER THE CGL

Answer 16

BAILED:

• BOND
• FIRST AID
• INTEREST ON JUDGEMENTS
• LOSS OF EARNINGS
• EXPENSES
• DEFENSE AND INVESTIGATION