Responsabilidad y CasualidadPregunta 418 de 531
In a liability policy, the coverage that responds to bodily injury or property damage the insured becomes legally obligated to pay is triggered by:
a.Legal liability of the insured to a third party
b.Medical expenses the insured incurs personally
c.Any loss the insured reports, whether liable or not
d.Damage to property the insured owns or rents
Explicación
Liability (third-party) coverage responds when the insured is legally obligated to pay damages to another party for bodily injury or property damage, and it typically includes the cost of the insured's legal defense. It does not pay for the insured's own property or injuries, which are first-party coverages. The legal obligation, usually arising from negligence, is what triggers the coverage.
Practica las 531 preguntas gratis — sin registro.
Own the complete California Property & Casualty Broker-Agent guide — PDF + EPUB, $24.99 →
Preguntas relacionadas de este tema
- The failure to exercise the degree of care that a reasonably prudent person would exercise under similar circumstances is the legal definition of:
- To win a negligence claim, an injured party generally must prove all of the following EXCEPT:
- Liability that is imposed on a party regardless of fault or negligence, such as for abnormally dangerous activities, is called:
- An umbrella liability policy primarily provides:
- A grocer mops an aisle and leaves no warning sign; a shopper slips and fractures a wrist. Which pair of negligence elements does the unmarked wet floor most directly establish?
- States take different approaches to a plaintiff who is partly at fault. Under a comparative negligence approach, the plaintiff's recovery is:
Última revisión: · proceso editorial
Equipo de PrepPass · Verificado con California Property & Casualty Insurance License Exam · Cómo revisamos