Commercial Casualty I
This Study Guide has been prepared to enhance your learning experience. It contains all of the Check-In questions, Knowledge Checks, and Self-Quizzes contained within the course, along with an Answer Key and Glossary. Use it as a tool to help practice and assess your knowledge of the course material, but do not mistake it for a comprehensive “short-cut” to preparing for the final exam.
Be sure to take a look at the Appendix that follows the Answer Key in this Study Guide. It contains valuable suggestions for test preparation and study techniques, as well as some In statistics, a subset of a larger group having the same characteristics of the group. More exam questions and a glossary of terms.
Your path to success in passing the final exam will come from your attentiveness during the course and the effort you put into preparation.
Use this study set to review digital flashcards and play interactive vocabulary games for the insurance & The practice of protecting an organization from financial harm by identifying, analyzing, and controlling risk at the lowest possible cost. More terms found in the glossary of this course!
Use this trivia-style review game to test your knowledge prior to taking the final exam for this course!
The video below explains the elements that are necessary in determining Failure to exercise a degree of care which a reasonably prudent person would exercise under the same circumstances. The following four elements must be proven to establish negligence: a duty owed, a breach of that duty, causation, and damages resulting from the breach. More.
The video below demonstrates an example of intentional torts.
Coverage A – Contractual Liability Exclusion
The video below will explain the types of contracts that meet the definition of an “Person(s) protected under an insurance contract. contract,” and are, therefore, exceptions to Exclusion b.
Coverage A – Pollution Exclusion
The video below explains the intent and the exceptions to Exclusion f.
Coverage A – Damage to Impaired Property Not Physically Injured Exclusion
The video below explains what it means for property to be impaired, but not physically injured.
Coverage B – Using Another's Advertising Idea
The video below demonstrates how a Includes trade, profession, or occupation. More might intentionally use other companies’ ideas within their advertising.
Coverage B – Knowledge of Falsity Exclusions
The video below demonstrates how Exclusions a. and b. are applied.
Coverage C – Medical Payments
The video below describes the intent and The statement of information given when a person applies for insurance. The insurer underwriter uses this information as a basis in determining whether the applicant qualifies for acceptance under the company’s guidelines. Applications are attached to and made a part of most contracts. More of Coverage C.
Damage to Premises Rented by You
The video below explains how a special sublimit provides limited coverage for property that would otherwise be excluded in Coverage A.
Importance of Additional Insureds
The video below demonstrates why a Includes trade, profession, or occupation. More may insist upon being granted Additional Person(s) protected under an insurance contract. status on someone else’s CGL policy.
Problems with Additional Insured Status
The video below explains the potential coverage gaps and defense conflicts that are created through the use of Additional Person(s) protected under an insurance contract. endorsements.