Chocolate
Oranges
Apples
Kiwi
Peaches
100

A type of insurance policy that provides coverage to a business for bodily injury, personal injury, and property damage caused by the business’s operations, products, or injuries that occur on the business’s premises.

What is Commercial General Liability (CGL)?

100

The insured must transfer the rights to recover all or any part of a claim paid by the insurer from any third party to the insurer.

What is Transfer of Rights of Recovery Against Others to Us?

100

SVP of MM Underwriting

Who is Linda Stuber?

100

Five digit numeric codes that identify a particular type of insured's exposures.  

GL Class Code

100

 #1 Disney Fan in the MMAU Organization?

Who Michael Hensing?

200

Companies can add other companies or individuals they contract with to their commercial liability insurance policy

What is an additional insured?

200

The insurance provided by a policy applies separately to each person insured.

What is Separation of Insureds?



200

Defense costs do not reduce these limits.

What are aggregate limit and each occurrence limits?

200

Basic rating formula - loss cost x loss cost multiplier x exposure 

Premium

200

An accident, including continuous or repeated exposure to substantially the same general harmful conditions.

What is an Occurrence?

300

Provides coverage for whenever a claim is made, regardless of when the claim event happened.

What is a claims-made policy?

300

Personal and Advertising Injury Liability

What is Coverage B?

300

Commercial general liability coverage forms contain these two types of aggregate limits.

What is a general aggregate limit and a products-completed/operations aggregate limit?

300

Liability claims brought by persons allegedly injured or harmed by the insured.

What is a Third Party Liability Claim?

300

Bodily Injury and Property Damage Liability 

What is Coverage A?

400

Covers claims where the claim event occurred during the time of the policy even if the policy is now expired.

What is an occurrence policy?

400

The final premium for a policy is determined after the policy has expired based on the insured’s payroll, sales attendance during the policy term, or some other rating base.

What is Premium Audit?

400

The medical expense limit is the most the insurer will pay under _____________ to any one person.

What is Coverage C?

400

This endorsement stipulates how claims will be handled if coverage is triggered for both the additional insured's policy and the insured's policy.

What is the Primary and Non Contributory Endorsement?

400

Gross Sales

Payroll

Area

Units

What are the types of premium basis under the CGL?

500

 Provides coverage of claims for 

  • Discrimination
  • Wrongful termination
  • Harassment

 

What is Employment Practices Liability Insurance?

500

Stockholders, directors and officer, volunteer workers, employees.

Who are individuals and groups are automatically provided with 'insured status' (coverage), for a corporation?

500

This limit is the most that an insurance carrier will pay for property damages under Coverage A to a premises rented to the insured.


What is the Damage to Premises Rented to You limit?



500

 Any person, firm, or organization, or any of its members specifically designated by name as an insured(s) in an insurance policy.

What is a Named Insured?

500


It is included in the commercial general liability policy and a different aggregate limit applies to these specified claims or suits.



 What is the Products/Completed Operations Hazard Limit?