Which of the following acts would not be covered under a commercial general liability policy?
Asked by: Reggie Ritchie Sr. | Last update: March 19, 2023Score: 4.6/5 (33 votes)
The Commercial General Liability Coverage form excludes bodily injury or property damage that the insured has assumed under any contract or agreement.
What is not covered under commercial general liability insurance?
A general liability insurance policy won't help your business with: Commercial auto accidents that you or your employees cause while driving for work. A commercial auto insurance policy can help you cover the cost of damages.
What does commercial general liability coverage cover?
Commercial general liability insurance covers claims arising from injuries or damage that your business caused, such as: Damage to someone's property. Bodily injury. Personal injury, like libel and slander.
Which of the following would not be included in a commercial package policy?
All the following are included in the CPP Common Policy Declarations EXCEPT: policy period, time and date coverage begins and ends. list of forms applicable to all coverage parts.
What is covered under a general liability policy?
General liability insurance policies typically cover you and your company for claims involving bodily injuries and property damage resulting from your products, services or operations. It may also cover you if you are held liable for damages to your landlord's property.
What is not covered on a commercial general liability policy?
Does a general liability policy cover theft?
Liability insurance likely won't cover theft, as it usually protects against bodily injury and property damage resulting from an accident.
Which of the following is not excluded under Part A of the CGL form?
Which of the following is NOT excluded under Part A of the CGL form? The mobile equipment exclusion applies to the transportation of mobile equipment by the insured. However operation of mobile equipment is not excluded unless for racing or stunting.
Which of the following is not a common policy condition on a commercial property policy?
Which of the following is not a common policy condition on a commercial property policy? The Abandonment provision is found in the conditions section of the Commercial Property Coverage Part, but is not a common policy condition under the CPP.
Which of the following is a common property coverage that can be included in a commercial package policy?
Property Insurance
Commercial Property, Inland Marine, Boiler and Machinery, and Crime are the most common commercial property coverage lines.
Which Coverage form may not be added to the commercial property coverage part?
Which coverage form may not be added to the Commercial Property Coverage Part? There is no Commercial Dwelling Coverage Form. One to four family dwellings are covered under the Dwelling Policy Program.
What are the three sections of commercial general liability?
In technical terms, there are three primary coverage sections that make up a CGL policy: premises liability, products liability, and completed operations. A CGL policy protects your business from financial loss resulting from claims of injury or damage to others caused by you or your employees.
Which of the following is not an optional coverage under the BOP?
Which of the following is not an optional coverage under the BOP? Electronic data is an additional coverage, not an optional coverage.
Which of the following is not one of the limits of liability provided by the CGL?
The only circumstances in which the general aggregate limit does not apply is to damages because of bodily injury or property damage arising out of the products-completed operations hazard.
What kinds of business related items does insurance not cover?
What Isn't Covered by Business Insurance? Losses from certain types of natural disasters, floods and other major weather events may not be covered by standard commercial property insurance policies. The same applies for customers' property that is stored at your business.
Which of the following would not be covered under a typical homeowners policy?
Many things that aren't covered under your standard policy typically result from neglect and a failure to properly maintain the property. Termites and insect damage, bird or rodent damage, rust, rot, mold, and general wear and tear are not covered.
What components are required in all commercial package policies?
The commercial package policy provides the Common Policy Declarations regarding the type of coverage, property covered, and the insured. Here, you can see the policy period, coverage, premiums, business information, and policyholder's name and address. CPP Coverages. These components are essential elements of a CPP.
What are the most common types of commercial insurance?
The most common types of commercial insurance are property, liability and workers' compensation. In general, property insurance covers damages to your business property; liability insurance covers damages to third parties; and workers' compensation insurance covers on-the-job injuries to your employees.
Which of the following is not found in the common policy declarations page of a commercial package policy?
The common policy declarations of the CPP contain all of the following, except: Transfer of rights and duties Transfer of Rights and Duties is in the Conditions section, not the Declarations.
Which of the following would not be covered under the building and personal property coverage form?
Building and personal property coverage form excludes claims for loss or damage to land, water, bridges, roadways, and underground pipes or drains. The policy also excludes any loss to plants, crops, trees and shrubs.
Which of the following conditions would not be found in a CGL policy written on the occurrence form?
Which of the following conditions would not be found in a CGL policy written on the occurrence form? The Insured's Right to Claim Information -- This condition is found in the claims-made form only. Which type of reporting period is provided automatically under the CGL written on a claims-made basis?
Which of the following is not covered as insured contracts under a CGL coverage form?
The CGL policy does not cover work-related bodily injury to any employee, which would be covered by workers compensation insurance. It specifically excludes property damage arising out of the discharge or escape of pollutants.
Which of the following is excluded under Coverage A of the CGL?
The correct answer is: C. Intentional acts – The CGL does not contain an “intentional acts” exclusion. Exclusion “a.” is the Expected or Intended Injury Exclusion, but it does not exclude an intentional ACT unless the act is Expected or Intended to cause an injury.
Which of the following would not be covered under personal and advertising injury liability coverage?
Advertising Injury Coverage includes all of the following, except: Wrongful entry Advertising injury arises out of slander, libel, copyright infringement, or misappropriation of advertising ideas.
Does general liability insurance cover copyright infringement?
General liability insurance covers lawsuits over spoken defamation (slander), written defamation (libel), accidental copyright infringement, invasion of privacy, and other advertising injuries.
What are the standard limits under the commercial general liability policy?
LIMITS: The limit you select can usually range from $300,000 up to $1,000,000 each occurrence. To obtain a higher limit requires the purchase of an Umbrella or Excess Liability policy. PREMIUM: The minimum policy premium is usually $500.