If an insured is using his/her own private passenger car under normal circumstances, in what situations can the insured lose legal liability coverage?
What will be an ideal response?
Under normal circumstances the insured will be covered for any legal liability situation using the car. He/she will lose coverage under abnormal situations including intentional injury and using the car for moving people or property for a fee (in business).
You might also like to view...
Most companies need to increase the number of complainers they hear from
Indicate whether the statement is true or false
At the time of the issuance of a note payable the incremental interest rate is what one would pay for similar financing
Indicate whether the statement is true or false
Unlike traditional focus groups, online focus group participation is by invitation only
Indicate whether the statement is true or false
An investment vehicle that shifts asset weights over time is
A) an asset allocation fund. B) a market timing limited partnership. C) cyclical stock. D) a return-indexed insurance policy.