Which of the following statements regarding Section II coverage under the Homeowners 3 policy is true?
A) Medical payments to others are covered regardless of whether the insured is legally liable.
B) Legal defense costs incurred by the insurer to defend the insured reduce the per-occurrence limit of liability available.
C) The insurer is not required to defend the insured against a groundless, false, or fraudulent lawsuit.
D) Any amount paid under medical payments coverage reduces the personal liability limit available for the same claim.
Answer: A
You might also like to view...
Why are marketers particularly concerned about word of mouth?
What will be an ideal response?
A company's best sales mix is determined using contribution margin per unit of scarce resource.
Answer the following statement true (T) or false (F)
The signature of the drawer or maker of a negotiable instrument can appear anywhere on the
face of the document. Indicate whether the statement is true or false
There is one-to-many relationship between employees and jobs
Indicate whether the statement is true or false