Liability

Question 1

Liability Exposures

Answer 1

1. Premises
2. Business Operations
3. Products
4. Completed Operations
5. Contractual
6. Contingent
7. Personal Injury
8. Advertising

Question 2

Types of Insureds

Answer 2

1. Named
2. Automatic
3. Non-Automatic

Question 3

Named Insureds

Answer 3

1. Individual (“you” & spouse)
2. Partnership/Joint Venture (members, partners)
3. LLC (members, managers)
4. Organization other than partnership (executive officers, directors)
5. Trust (trustess)

Question 4

Automatic Insureds

Answer 4

1. Employees
2. Real Estate Managers
3. Legal Representative if insured dies
4. Person/Org w temp custody if insured dies
5. newly aquired/formed orgs

Question 5

Non-Automatic Insured

Answer 5

Additional Insureds

Question 6

Coverage A

Answer 6

BI/PD insured becomes legally obligated to pay

Question 7

Bodily Injury

Answer 7

injury, sickness, disease sustained by a person, including death

Question 8

Property Damage

Answer 8

1. physical damage to tangible property, including loss of use
2. loss of use of tangible property that is not physically injured

Question 9

Coverage Territory

Answer 9

1. US, Puerto Rico, Canada
2. Anywhere in the world if
   -products made/sold in coverage territory
   -temporary business travel of resident of coverage territory
   -personal/advertising injury that takes place through the
   internet

Suit must be brought in US, Puerto Rico, Canada

Question 10

Coverage A Exclusions

Answer 10

1. Expected/Intended Injury
2. Contractual Liability
3. Liquor Liability
4. Workers Com
5. Employer’s Liability
6. Pollution
7. Aircraft/Auto/Watercraft
   8.Mobile Equipment
8. War
9. Damage to Property
10. Damage to your product
11. Damage to your work
12. damage to impaired property/property not physically injured
13. recall
14. personal/advertising injury
15. access/disclosure of confidential/personal information
16. recording/distributing in violation of law

Question 11

Coverage B

Answer 11

Personal/Advertising Injury

Question 12

Cov B Offenses

Answer 12

1. False Arrest/Detention/Imprisonment
2. Malicious Prosecution
3. Wrongful Eviction/Entry/Invasion of Private Occupancy
4. Slander/Libel/Disparagement
5. Violation of Person’s Right to Privacy
6. Use of Another’s Advertising Idea
7. Copyright/Trademark Infringement

Question 13

Advertisement

Answer 13

notice that is broadcast/published to general public/specific market about goods/products/services for purpose of attracting customers/supporters

Question 14

Cov B Exclusions

Answer 14

1. Knowing Violation of Rights of Another
2. Material Published With Knowledge of Falsity
3. Material Published Prior to Policy Period
4. Criminal Acts
5. Contractual Liability
6. Breach of Contract
7. Quality/Performance of Goods
8. Wrong Description of Prices
9. Copyright/Trademark Infringement
10. Insureds in Media/Internet Type Business
11. Electronic Chatrooms/Bulletin Boards
12. Unauthorized Use of Another’s Name/Product
13. Pollution
14. War
15. Recording/Distributing in Violation of Law

Question 15

Cov C

Answer 15

Medical Payments

Question 16

Cov C Insuring Agreement

Answer 16

pays for medical expenses caused by accident on premises, next to premises or because of insured’s operations

Question 17

Cov C Exclusions

Answer 17

1. Any Insured (except volunteers)
2. Hired Persons
3. Injury on Normally Occupied Premises
4. Worker’s Comp
5. Athletic Activities
6. Products Completed Operation Hazard
7. Coverage A Exclusions

Question 18

CGL Limits of Insurance

Answer 18

1. Each Occurence
2. Damage to Premises Rented to You
3. Medical Expense
4. Personal/Advertising Injury
5. General Aggregate
6. Products/Completed Operations Aggregate