Liability insurance protects against liability imposed on the insured as a result of injuries to the person or property of another.

Answer the following statement true (T) or false (F)


True

Business

You might also like to view...

Explain the problems associated with inappropriate accounting practices

Business

Investment companies use genetic effectiveness metrics to help in trading decisions.

Answer the following statement true (T) or false (F)

Business

Which of the following statements is (are) true concerning the self-insured retention (SIR) under a commercial umbrella liability policy?

I. The SIR applies to claims covered by the umbrella policy but not by any underlying insurance. II. The SIR only applies to those claims for which the underlying policy has paid first, and the umbrella policy is paying on an excess basis. A) I only B) II only C) Both I and II D) Neither I nor II

Business

Specifically targeting the customers of a competitor is always a legitimate business practice

Indicate whether the statement is true or false

Business