CGL Conditions and Definitions

The Bankruptcy condition of a CGL policy states that bankruptcy or insolvency of the insured will

The Legal Action Against Us condition of a CGL policy states that no legal action may be brought against the insurer until

Which condition of a CGL policy states that at the beginning of the policy period, the premium is estimated based on the estimated exposure; at the end of the policy period, the final premium will be determined based on the actual exposure?

If there has been an occurrence or an offense which may result in a claim under a CGL policy, which of the following is NOT a duty of the insured?

David owns a clothing store. His CGL policy will provide liability coverage for all of the following locations EXCEPT

Which of the following is NOT considered an Employee under the Definitions found in the CGL policy?

An accident, including continuous or repeated exposure to substantially the same general harmful conditions is known as

Roger’s Bowling Alley has a CGL policy with a $1,000,000 Each Occurrence Limit and a $2,000,000 General Aggregate Limit. Two customers suffered serious injuries when a pizza oven in the kitchen exploded. Roger’s Bowling Alley was negligent for causing $750,000 in medical expenses to each of the two injured customers. How much will Roger’s CGL policy pay for the medical expenses?

The CGL policy definition of an Auto includes all of the following EXCEPT

If an Individual is designated (named) in the CGL declarations (dec) as an insured, his or her

Mega Mucho Mania Inc. is a large corporation and is the named insured on its CGL declarations. Which of the following is NOT considered to be insured under this policy?

The General Aggregate Limit is the most the policy will pay for

The Transfer of Rights of Recovery Against Others to Us condition of a CGL policy states that if the insured has rights to recover all or part of any payment the insurer has made, those rights are transferred to