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Question 1

After detaining a customer who is suspected of shoplifting, a store is sued for wrongful detention. Will the Commercial General Liability Policy cover court-awarded damages?

Answer 1

Yes, under personal injury liability

Question 2

Although general liability insurance excludes liquor liability, it would provide host liquor liability coverage for the exposure of:

Answer 2

an insurance agency that serves beer at an annual company picnic

Question 3

What of the following is NOT true about an umbrella liability policy?

Answer 3

required underlying policy limits are written at minimum liability limits

Question 4

Each of the following statements concerning the Business Auto Policy is true, except:

Answer 4

medical payments coverage is automatically provided

Question 5

The Business Owners Policy (BOP) is all of the following, except:

Answer 5

policy designed for small general contractors

Question 6

Which of the following is not true regarding E&O Prof Liability coverage?

Answer 6

underlying limits of liability are required