Cpcu 552, Cp&l Final Exam Questions And Answers Latest Update

Aircraft have a significant exposure to catastrophe losses. Of the many reasons for the catastrophic loss potential of aircraft, the most significant is {Ans: The physical properties of aircraft.}Which of the following is the distinguishing element of workers compensation and employers liability compared to commercial general liability? A) Injured person involved (employee) B) Statutory Workers Compensation C) No-fault coverage D) Premise liability E) A, B, and C {Ans: E}Which of the following is NOT an essential element in determining if a party was negligent? A. Breach of Duty B. Duty of Care C. Severity of Injury D. Injury/Damage E. Causal Connection of Prudent Factors F. All of the Above {Ans: Answer: C, when simply determining if a party was negligent the severity of the injury does not factor in. A party can be determined negligent for a cut finger or a death all the same.}Insured's products and work damage to your product damage to your work damage to impaired property or property not physically injured (exclusions) {Ans: 5}Other General Liability Exposures coverage that is not adequately addressed under the CGL form Owners and Contractors Railroad Liquor Electronic Data Products withdrawal Various pollution {Ans: 5}Alejandro was