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Which of the following is NOT an exception?
(C) Full-time employees who are paid without formal acknowledgment of employment status.
(C) Full-time employees who are paid without formal acknowledgment of employment status.
See lessIn the United States, which of the following is true regarding workers compensation?
(A) Workers Compensation is governed by a system of laws that vary from state to state.
(A) Workers Compensation is governed by a system of laws that vary from state to state.
See lessWhich of the following is true regarding any damages caused by products and completed operations for which the insured is liable?
(D) The damages will be applied to the policy’s general aggregate limit.
(D) The damages will be applied to the policy’s general aggregate limit.
See lessThe church is insured under the Commercial General Liability (CGL) policy. Which one of the following statements is true?
(E) Both the church and Chip would be covered as insureds under the CGL policy.
(E) Both the church and Chip would be covered as insureds under the CGL policy.
See lessWhich of the following statements regarding certain supplementary payments under Coverages A and B of the Commercial General Liability policy are true?
(E) I, II, and III.
(E) I, II, and III.
See lessWhich of the following are paid by the Commercial General Liability form’s Coverage C – Medical Payments?
(B) II only.
(B) II only.
See lessWhich of the following is NOT covered by the CGL with respect to the insured’s legal liability?
(D) Intentional injury is NOT covered by the CGL with respect to the insured’s legal liability.
(D) Intentional injury is NOT covered by the CGL with respect to the insured’s legal liability.
See lessWhich of the following statements about the CGL are true?
(E) I, II, and III.
(E) I, II, and III.
See lessWhich of the following factors does NOT result in higher premiums on commercial property insurance?
(D) Higher coinsurance requirements.
(D) Higher coinsurance requirements.
See lessWhich of the following statements concerning the Agreed Value optional coverage available for purchasers of the Business and Personal Property Coverage Form is NOT true?
(D) If the limit of insurance is less than the agreed value, the full agreed value of property destroyed by a covered cause of loss will be paid.
(D) If the limit of insurance is less than the agreed value, the full agreed value of property destroyed by a covered cause of loss will be paid.
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