General Liability & Crime Flashcards
Protection for injury or death suffered by third parties and protection for damage to property of others is coverage provided under which coverage of the commercial general liability policy?
What is the difference between personal injury and advertising injury
Advertising injury occurs when the insured inadvertently injures another person during the course of advertising a product or service.
Medical or funeral expenses for third parties injured because of the insured’s business operations is covered under which coverage?
Coverage C - Medical payments
Name the 3 types of legal entitites.
What is the difference between an occurrence form and claim-made form of a commercial general liability policy?
Occurrence form pays for injury or property damage that occurs during the policy period.
Claims-made form covers special situations occurring on or after the retroactive date.