Chapter 9 Comerical General Liability

Question 1

What is section 1 of the cgl

Answer 1

The coverage section

Question 2

What Is section II of the CGL?

Answer 2

Who is an insured

Question 3

What is section III of the CGL?

Answer 3

Section III is the limits of insurance

Question 4

What is section IV of the CGL?

Answer 4

Commerical general liability conditions

Question 5

What Is section V of the CGL?

Answer 5

The definitions section

Question 6

What does Section I coverage A of the CGL cover?

Answer 6

Bodily injury and property damage liability

Question 7

What does Coverage B of Section I under a CGL cover?

Answer 7

Personal and advertising injury

Question 8

What does coverage C of section I under a CGL policy cover ?

Answer 8

Medical payments

Question 9

Supplementary payments apply to which coverages under section I of a cgl policy?

Answer 9

Coverage A BI&PD and B personal and advertising injury

Question 10

When does the insurers duty end ? Under coverage A, B and C ?

Answer 10

When it’s used up the applicable limit of insurance in payment and judgment

Question 11

What is the basic extended reporting period (BERP)

Answer 11

A reporting period provision in a claims made form that allows a loss to be reported after the policy term for a specific period of time after the policy expiration or cancelation date.

Question 12

What is the Supplemental extended reporting period (SERP)

Answer 12

An optional reporting period coverage, premium is fully earned and non refundable. Has to be requested within 60 days of of the end of policy term.

Question 13

Does the SERP use a retroactive date?

Answer 13

Yes

Question 14

What’s section 1 of a CGL policy ?

Answer 14

The coverages section

Question 15

What’s section II of a CGL. Policy

Answer 15

Who is insured section.

Question 16

What’s Section III of the CGL policy?

Answer 16

Limits of insurance

Question 17

What’s section IV of the CGL policy?

Answer 17

Comerical General liability conditions

Question 18

What does coverage A of a CGL policy exclude?

Answer 18

Personal injury and advertising injury

Question 19

What does coverage B of the CGL policy cover?

Answer 19

Personal injury and advertising injury

Question 20

What does the pollution liability coverage form designated sites cover ?

Answer 20

Covers a leak from a waste disposal facility. Has its own limit of liability

Question 21

What does the limited pollution liability coverage fork designated sires cover?

Answer 21

Covers leaks from a waste disposal facility, excludes cleanup costs

Question 22

What does the pollution extension endorsement cover?

Answer 22

Covers bodily injury and property damage liability, excludes clean up costs

Question 23

What does the SERP cover?

Answer 23

Claims arising from occurrences that take place after the retroactive date and before the end of picy term

Question 24

What does the SERP cover?

Answer 24

Claims arising from occurrences that take place after the retroactive date and before the end of picy term

Question 25

What is a retroactive date ?

Answer 25

A specified date in the declarations after which an occurrence must take place for coverage