Casuality Insurance Terms

Question 1

Causality

Answer 1

Coverage designated to address the liability of individuals or organization resulting from negligent acts

Question 2

General liability

Answer 2

Update

Question 3

Negligence

Answer 3

The law imposes a duty on everyone to act in a manner that will preserve the harmony of society
“Reasonable and prudent person”

Question 4

Four elements of negligence

Answer 4

• Existence of a duty(law) to act in a certain way
• failure to live up to this duty
• injury must occur
• failure in duty must be proximate cause of the injury

Question 5

Punitive damages

Answer 5

Negligence that provides a lesson is not covered by insurance
Non monetary losses

Question 6

Proximate cause

Answer 6

Uninterrupted chain of events

Question 7

Compensatory damages Awarded basis of two considerations.

Answer 7

Special damages

General damages

Question 8

Special damages

Answer 8

Out of pocket bills that include

• Medical
• Lost wages
• Property

Question 9

General damages

Answer 9

Compensation for an individual for the non monetary losses

Question 10

Liability coverages include

Answer 10

Bodily injury (PI)
Property Damage (PD)

Question 11

Bodily injury

Answer 11

On behalf of the insured all sums which the insured becomes legally obligated to pay for bodily injury by the insurer

Including death

Question 12

Trespassers

Answer 12

Enters property of another without the express or implied permission of the owner or occupier

Question 13

Licensees

Answer 13

Individuals who enter ones property with the knowledge or toleration of the owner.
Bill collectors door to door sales

Question 14

Invitees

Answer 14

Enters by invitation, express or implied
Connection with owners business
Provides a benefit to the owner

Question 15

Attractive nuisance

Answer 15

Anything that attracts a child

Question 16

Non-premises

Answer 16

We are required to act as a reasonable and prudent person would under given circumstances.

Question 17

Mentally incompetent and infants meet age of reason

Answer 17

After 7

Question 18

Absolute liability

Answer 18

Imposes the responsibility for injury caused by instrumentalities upon the defendant without requiring the plaintiff to prove negligence

Question 19

Dangerous instrumentalities

Answer 19

Poisons, explosives,

Question 20

Res Ispa Loquitur

Answer 20

“Thing speaks for itself”

Accident that results from someone’s negligence

Question 21

Negligence Per Se

Answer 21

Conduct which is deemed negligent without argument because it was in violation of a statute

Question 22

Vicarious liability

Answer 22

The liability of one person is based upon the tort (legal wrongs) of another

Question 23

Independent contractors

Answer 23

Individuals who contract to do a particular job to specifications doing their own methods

Question 24

Negligence defenses

Answer 24

Assumption of risk
Contributory negligence 
Comparative negligence 
Last clear chance 
Avoidance consequence 
Intervening force

Question 25

Assumption of risk

Answer 25

- Plaintiff has knowledge of risk | - Gave express or implied consent to engage in activity

Question 26

Contributory negligence

Answer 26

J

Question 27

Comparative negligence

Answer 27

A negligent plaintiff may recover a portion of damages in the same situation Damages are reduced in direct proportion to "share if negligence"

Question 28

Last clear chance

Answer 28

Defense or a modification of the contributory negligence doctrine

Question 29

Avoidable consequence

Answer 29

Doctrine imposes a duty on the plaintiff to minimize damages after a loss

Question 30

Intervening force

Answer 30

Is a force which actively operates in producing harm to another after an initial Tory has been committed

Question 31

Personal Injury

Answer 31

An injury other than bodily injury arising out of wrongful actions

Question 32

Theft

Answer 32

Any act of stealing

Question 33

Burglary

Answer 33

Forcible entry In or out of locked premises The purpose of theft Also includes forcing a watch person to open locked premises

Question 34

Messenger

Answer 34

Employee that is insured and authorized to transport insured property outside the insured premesis

Question 35

Custodian

Answer 35

Same as messenger but remains on the property

Question 36

Securities

Answer 36

Negotiable- cashed in at any time Non negotiable-evidence of debt issued in connection through credit

Question 37

What do securities not include

Answer 37

Cash money

Question 38

Contributory Negligence

Answer 38

Defendants must be 100% at fault for an accident Claimant must be free of fault in order to collect

Question 39

Proximate cause is

Answer 39

A reasonably foreseeable act or event that results in injury or damage.

Question 40

Intervening cause

Answer 40

Doctrine that bars or reduces recovery to an injured person if the "intervening cause" set into motion a new chain of events