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Comm. Gen Liability Test

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1.
This limit establishes the maximum amount the policy will pay to satisfy claims regarding Products and Completed Operations only.
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2.
Establishes the maximum amount the insurer will pay to satisfy claims for bodily injury, property damage and medical payments per occurrence.
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3.
___ ____ ____ insurance is a form of liability insurance used by businesses to protect themselves against damages and lawsuits arising from its premises, its general operations, and the products they manufacture and sell.
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4.
Establishes the maximum amount the policy will pay out over the policy period for Coverage A, B, and C except for Products and Completed Operations.
A.
General Aggregate Limit
B.
Commercial general liability
C.
Per Occurrence Limit
D.
The Products-Completed Operations Aggregate Limit
Type the Answer that corresponds to the displayed Question.
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5.
The ____ _____CGL is triggered when a claim is filed against the insured business during the current policy period, regardless of the date when the bodily injury or property damage occurred.
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6.
An ___ ____ CGL policy is triggered by bodily injury or physical damage that occurs during the policy period.
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7.
CGL policies will respond to “_____” taking place in the United States, Canada, and Puerto Rico.
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8.
A ____ is defined as an event that enacts the provisions of a CGL policy. It is also called a “ coverage trigger”.

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Created by: ajramirez1969
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