保险与留置权第 1525 / 1605 题
An 'occurrence-based' CGL policy responds to a claim based on:
a.When the lawsuit is filed
b.When the contractor's license was issued
c.When the bodily injury or property damage took place, even if the claim is made after the policy expires
d.When the premium is paid
解析
An occurrence policy covers injury or damage that happens during the policy period, even if the claim is asserted years later. This 'long tail' protection is valuable for construction defect exposure that surfaces after a project is complete.
免费刷完整 1605 道题库 — 无需注册。
同考点相关题目
- The typical penal sum of a mechanics lien release bond required to clear a lien from title is:
- Under the mechanics lien law, a 'direct contractor' is best defined as a contractor who:
- A general liability policy written on a 'claims-made' basis (as opposed to 'occurrence') generally covers a claim only if:
- On a private project financed by a construction lender, a subcontractor who fails to serve the preliminary notice on the LENDER primarily loses the ability to:
- 'Subrogation' in insurance refers to:
- A 'waiver of subrogation' clause between an owner and contractor generally means: