JEOPARDY 1
Care, Control, Custody
What is a Bailee?
The territory in which a policy is applicable.
"PD" in regards to CPP coverage.
A date that is entered on the declaration page to alert the insured that any claim that happens prior to this date will not be covered by the policy.
What is Retroactive Date?
How many sections are in a ISO CGL Form
This coverage provides necessary medical, surgical, ambulance, hospital, professional nursing or funeral expenses for injuries to third parties.
What is Coverage C?
by accepting the policy, the insured agrees that the statements shown in the declarations are true and complete.
What is representation?
Acts that result in non-physical injury to a 3rd party due to offenses defined as personal and advertising injuries are covered.
What is Coverage B?
bankruptcy, legal action against insurer, other insurance, premium audits, representations, non-renewal are types of..
bulldozers, vehicles that travel on crawler treads, any other road construction or resurfacing equipment.
What is mobile equipment?
Persons injured while practicing, instructing or participating in physical games or exercises, sports or athletic contests.
What is Coverage C exclusions?
occurrence limit, medical expense limit, personal and advertising injury limit.
What is Limits of Liability?
When an occurrence takes a long time to manifest itself or be spread out over many years.
What is a claims-made policy?
Terms that are important in an insurance policy and the last section of CGL form.
What is Definitions?
Supplementary Payments are provided under these coverages.
What is A and B Coverage?
An accident, including continuous repeated exposure to the same harmful conditions.
What is an occurrence?
To be covered, medical expenses must be incurred and reported within what length of time of the date of the accident.
What is 12 months or 1 year?
Unique features of a Claim Made Form.
What is Retroactive Date and Extended Reporting Period?
The policy that is responding is also the policy that is in force when the claim is first made.
What is claims-made trigger?
Newly formed organizations for which no other insurance applies for ___ days after the ownership is acquired.
What is 90 days?
Limit amount for general aggregate.
What is $2,000,000?
Provides coverage for liability the insured has assumed under written contract
What is Contractual Liability Insurance?
If a vehicle falls under a compulsory law, financial responsibility law or motor vehicle insurance law is not considered,
What is mobile equipment?
What must be purchased by the insured and added by endorsement and allows for an unlimited period in which to file against the policy...
What is a Supplemental Reporting Period?
Damage to property owned, rented by, or loaned to the insured be 'covered' or 'excluded' under Coverage A.
What is excluded?