Bảo hiểm & Quyền cầm giữCâu 1481 / 1605
The main purpose of a contractor's Commercial General Liability (CGL) insurance policy is to cover:
a.The contractor's lost profits from a delayed project
b.Injuries to the contractor's own employees on the job
c.Damage to the contractor's own tools and equipment
d.Third-party bodily injury and property damage arising from the contractor's operations
Giải thích
Commercial General Liability insurance covers third-party bodily injury and property damage caused by the contractor's operations or completed work. Injuries to the contractor's own employees fall under workers' compensation; damage to owned tools falls under inland marine/property coverage.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- On many private commercial projects, the direct contractor furnishes a 'payment bond.' The primary purpose of a contractor's payment bond is to:
- California law makes which type of insurance MANDATORY for any contractor who has employees?
- A licensed contractor who has NO employees but holds a C-10 electrical, C-8 concrete, C-20 HVAC, C-22 asbestos, or D-49 tree service classification must:
- 'Builder's risk' insurance (also called course-of-construction insurance) primarily protects:
- A 'certificate of insurance' (COI) provided by a subcontractor to a prime contractor:
- When a prime contractor is named as an 'additional insured' on a subcontractor's CGL policy, the practical benefit to the prime is that:
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Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)