INSURANCE & RISK MGMT
AUTO INSURANCE
Property Insurance
BUSINESS OWNERS INSURANCE
Miscellaneous
100
Protection against possible financial loss
What is insurance
100
Insurance that covers damage to your vehicle when itis involved in an accident
What is collision insurance
100
Coverage that provides protection for your residence and its associated financial risks
What is homeowners insurance
100

Endorsement that covers property damage to an insured's work or product caused by an occurrence arising out of the contractors operations and included in the products completed operations hazard

What is Contractors Errors and Omissions

100

Form completed by adjuster to notify underwriting of increases in exposure

What is CRU

200
A legal responsibility for the financial cost of another person's lossess of injuries
What is liability
200
Insurance that covers you and your family members if you are involved in an accident with an uninsured or hit-and-run driver
What is uninsured motorist's protection
200
Pays the cost of minor accidental injuries to visitors on your property
What is medical payments coverage
200

Endorsement that provides limited coverage for property damage to your ongoing work.

What is broad form STC 002

200

Endorsement that provides liability and medical payments coverage to farm employees

What is FL 0465 Farmer Employers Liability

300
What is the failure to take ordinary or reasonable care to prevent accidents
What is negligence
300
Insurance that covers physical injuries caused by a vehicle accident for which you are responsible
What is Bodily injury liability
300

Endorsement that provides good neighbor coverage for off premises  use of vehicles that are built and not modified to exceed 15mph

What is Incidental Low Powered Motor Vehicle endorsement


300

Tangible property, other than "your product" or "your work", that cannot be used or is less useful because:

a. It incorporates "your product" or "your work" that is known or thought to be defective, deficient, inadequate or dangerous; or

b. You have failed to fulfill the terms of a contract or agreement; if such property can be restored to use by:  

(1) The repair, replacement, adjustment or removal of "your product" or "your work; or 

(2) Your fulfilling the terms of the contractor agreement.

 What is impaired property

300

The current retention limit for reinsurance claims at MMG.

What is $500,000

400

The wrongful death cap for loss of comfort, society and companionship in Maine

What is $1,000,000

400

Process in a PIP claim to evaluate the reasonableness and necessity of treatment

What is Peer Review

400

Payment based on the replacement cost of an item minus depreciation

What is actual cash value

400

The coverage territory under a BOP

What is world wide

400

When a civil defendant intends to ask the jury to assign fault to someone who is not a party to the suit 

What is the Debendetto disclosure

500

Prohibits the admission of evidence showing that the plaintiff or victim has received compensation from sources other than the damages sought against the defendant

What is collateral source

500
A group of people who cannot get motor vehicle insurance who are assigned to each insurance company operating in the state
What is assigned risk poola
500

Coverage in NH that provides coverage for medical bills and wages for resident employees

What is Workers Compensation and Employers Liability - Residence Employees - New Hampshire\

500

A person or organization not automatically included as an insured under an insurance policy who is added through endorsement


What is Additional Insured

500

Liability for errors and omissions made in the course of rendering professional services

What is professional liability coverage


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