Dohrn insurance

A Nonowned auto

is used by a business to protect an employee who causes an accident while preforming a task for the company, including the employee's vehicle.

The best explanation of the payment made by an insured's UNDERINSURED coverage is:

The amount payable is the difference between the insured's underinsured limit and the at-fault drivers bodily injury limit for one person in an accident.

What is the automatic limit of Coverage B, Medical Payments in the PAP?

$1000

There are four per occurrence sub limits found in a CGL policy

1) Medical expense limit, 2) Damage to the premises rented to the insured, 3) Personal and advertising injury limit and 4) Each occurrence limit.

Permanent Partial Disability means:

An employee who suffers an injury that can never be healed but the worker will still be able to return to work after being paid a one time, lump sum amount for their loss.

The face amount of a Surety bond is called the:

Bond Penalty.

Other than collision coverage

COMPREHENSIVE is a LIST OF NAMED PERILS for which Part D of a PAP will pay if such a peril causes the insured vehicle(s) physical damage other than through a collision.

If an insured has two Personal Auto policies in effect at the same time he caused an accident and a victim suffered bodily injury, how will the policies respond to the loss?

Each policy will pay its fair share of the loss up to the respective policy limits.

None of the listed workers below are subject to Workers Compensation requirements, EXCEPT

Local and state government workers.

The provision in Part A of a Personal Auto Policy that automatically increases the policy limits that are insufficient in a legal jurisdiction different than the one in which the car is registered is called:

Out of State Coverage

The deductible that must be paid in an Umbrella policy is known as:

Self-Insured Retention

Which of the following is true about any Aggregate Limits found in a CGL

They will pay without regard to the number of insured, up to the limits of coverage. They will pay no matter how many lawsuits are filed against the policy, up to the limits of coverage. They will pay regardless of the number of persons or organizations that make claims against the policy up to the limits of coverage.

Which of the following actions would be covered under EMPLOYMENT PRACTICES LIABILITY INSURANCE

a potential employee who claims they were not hired because of their sex a former employee who claims they were terminated because of their age a current employee who has been sexually harassed by another employee

Occurrence forms of a CGL

cover accidents and losses caused by continuous and repeated exposure over a period of time.

Subrogation

provision allows the insurer to recover loss from an at-fault third party for any sums paid by the company to the insured as a result of the loss created by the at-fault third party.

Uninsured motorist protection

was created to provide the insured and family with coverage in the event they suffer bodily injuries at the hands of an uninsured driver. This includes when the insurance company of an at-fault driver either refuses to pay or becomes insolvent prior to paying the claim.

Employee Dishonesty

will pay for loss of or damage to money and securities as well as other property directly from the theft committed by an employee.