[Prop&Cas] Ch9- Commercial General Liability Coverage

Which of the following is not one of the limits of liability provided by the CGL?

Bodily injury limit

An insured contract includes all of the following, except:

Pollution liability

To which injury would CGL Medical Payments apply?

A volunteer worker handing out company coupons during a sale

Which type of reporting period is provided automatically under the CGL written on a claims-made basis?

Basic Extended Reporting Period

Which of the following is covered by Medical Payments under the CGL?

Bodily injury to an insured's customer while shopping on the insured's business premises

Which of the following is not a type of personal and advertising Injury under the CGL?

Breach of contract

Choose the false statement regarding the application of coverage under the Products Exposure Liability Coverage

Coverage applies to damage to the product itself

Which of the following is false about the CGL's two coverage forms?

Coverage under the occurrence form is based on when the loss is reported

All of the following about the CGL's products liability coverage are correct, except:

Damage to the product itself is covered

Which of the following is NOT excluded under Part A of the CGL form?

Operation of mobile equipment

Which of the following is an insured under the CGL policy?

Spouse of a partner

All of the following are true of Supplementary Payments under the Commercial General Liability Coverage Forms, except:

Supplementary Payments apply to all Section I coverage

What is the date after which an occurrence can take place and be covered under the claims-made form?

The Retroactive Date

An insured's CGL has a Products and Completed Operations Aggregate Limit of $100,000 with a $20,000 limit per occurrence. Following claims for two separate occurrences in the amounts of $35,000 and $25,000, how much of the aggregate remains for all other claims in the policy period?

$60k

Choose the false statement about the CGL policy

A Products and Completed Operations Liability claim will reduce the General Aggregate Limit

Which of the following is not an example of personal injury?

A broken leg

Product liability would cover:

A restaurant customer who contracts food poisoning

Which of the following scenarios would be covered under Personal Injury coverage?

A storeowner falsely detains a young child believing the child egged the store

Which of the following is not one of the liability exposures of the CGL?

Advertising injury

Which of the following would not be covered under Coverage A of the CGL?

An insured's employee is injured when a bookcase in the office falls on her

Which of the following conditions would not be found in Section IV of the CGL?

An insured's insolvency relieves the insurer of any obligations under the policy

Under a CGL, at what point in time is the earned premium determined by the premium audit?

At the end of the policy period

Under the CGL policy, the earned premium used in a premium audit to compute the final premium is determined at what point in time?

At the end of the policy period

___________ is not covered by the CGL Coverage B - Personal and Advertising Injury

Breach of contract

Which of the following is excluded under both the Limited Pollution Liability coverage form and Pollution Extension endorsement?

Clean up costs

Which of the following is not covered under the Limited Pollution Liability coverage and Pollution Extension endorsement?

Clean up costs

ABC Industries contracts with municipal governments to build bridges, viaducts, and similar engineering projects. If a bridge completed in the prior year by ABC Industries were to collapse, which kind of liability exposure would this be an example of?

Completed operations

What type of insurance indemnifies the legal liability of an insured for the actions of the insured's subcontractors?

Contingent Liability Insurance

Which of the following is correct regarding products liability under the CGL?

Coverage applies to the bodily injury (BI) and property damage (PD) the product causes, but not to the product itself

All of the following are true of medical payments under the Commercial General Liability Coverage Forms, except:

Coverage applies to the insured's injuries

Under the CGL, which of the following would exclude from coverage the legal liability associated with a product?

Expected or intended injury

Which of the following is not considered a type of advertising injury?

Extortion

Which of the following is considered an insured's product?

Goods sold by the insured at a trade show

Which of the following would be considered an insured's product?

Goods sold by the insured at a trade show

Which of the following is not a provision found in Section IV of the CGL?

Inspection and surveys

Who is not an insured under the Commercial General Liability policy?

Members of a past partnership not listed in the Declarations

All of the following are considered an insured under the Commercial General Liability Coverage Part to the Commercial Package Policy, except:

Members of a past partnership not shown as a Named Insured in the Declarations

Which country is not included in the CGL coverage territory?

Mexico

All of the following are considered liability assumed under insured contracts, except:

Ordinance or Law

A chemical manufacturer requires protection for pollution liability and clean up costs. Which of the following pollution liability coverages should the business purchase?

Pollution Liability Coverage Form

An insured who goes to client's offices and homes for appointments would need coverage for which liability exposure?

Premises and Operations

ABC Industries contracts with municipal governments to build bridges, viaducts, and similar engineering projects. If workers from ABC Industries cause damage to a taxicab while pouring the foundation for a new overpass, which kind of liability exposure would this be an example of?

Premises and operations

Which of the following is not a contingent liability exposure?

Premises liability exposure

Which of the following is true concerning the Premium Audit condition of the Commercial General Coverage Part to the Commercial Package Policy?

Premium audit determines what the earned premium will be at the end of the policy period

Choose the false statement about the coverage under the Businessowners Policy

Products and completed operations coverage under the Commercial General Liability Coverage Forms will cover damage to the insured's products

Damages from which of the following would apply to the per occurrence limit under a Commercial General Liability policy?

Professional malpractice

Which of the following would be an insured under the CGL policy?

Spouse of a partner

What is the difference between the Commercial General Liability Occurrence and Claims-Made forms?

The coverage trigger point

Which of the following is true regarding Completed Operations coverage?

The coverage will pay for bodily injury and/or property damage caused by negligent or faulty work by the insured, but not for the cost of replacing the work that caused the loss

Coverage B of the CGL would cover which of the following claims?

The insured was accused of causing a business associate to be falsely arrested

All of the following are true of the supplemental extended reporting period, except:

The insurer may cancel it after the premium has been paid by the insured

Which of the following is not true of the supplemental extended reporting period under the Claims-Made Form of the CGL?

The insurer may void it after the premium has been paid by the insured

Which of the following is false about the CGL policy form?

The limits of the policy stated in the Declarations are the maximum amounts payable for the life of the policy

Which of the following is true regarding the Supplemental Extended Reporting Period?

The premium is a one-time charge

Which statement is correct regarding the Supplemental Extended Reporting Period?

The premium is a one-time charge and fully earned at issuance

All of the following are true about extended reporting periods, except:

The supplemental tail requires an annual premium

What are the territorial limits of the Commercial General Liability Coverage Part of the Commercial Package Policy?

United States, its territories and possessions, Puerto Rico and Canada