Ains 103 Test Questions And Answers.

Which one of the following statements about excess liability insurance coverage and umbrella liability insurance coverage is most accurate? {Ans: Umbrella liability policies typically provide primary coverage for certain types of losses not covered by underlying insurance, while excess liability policies typically do not.}Workers compensation benefits include which one of the following? {Ans: Rehabilitation benefits}The Commercial General Liability (CGL) Coverage B—Personal and Advertising Injury Liability provides coverage for which one of the following? {Ans: False arrest}When a clothing manufacturer decides to expand the sale of its clothing line by offering internet purchases, it creates new exposures not otherwise covered, or not fully covered, by a traditional policy. These include {Ans: Loss or damage caused by computer viruses.}Shady Stories, a tabloid newspaper, prints a false story about a local politician. Shady knows the story is false but thinks it will sell a lot of papers. The politician claims damages from Shady. Shady's Commercial General Liability (CGL) Coverage Form excludes coverage for this loss because the claim arose out of which one of the following? {Ans: Written material that was known to be false}One distinguishing feature between umbrella liability insurance and excess liability insurance is that