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Title: Jenkins Company purchased a commercial umbrella policy with a $10 million limit and a $100,000 ... Post by: AzJose on Jul 6, 2017 Jenkins Company purchased a commercial umbrella policy with a $10 million limit and a $100,000 self-insured retention. The insurer required Jenkins Company to carry a $1 million per-occurrence limit on its general liability policy and a $1 million per-occurrence limit on its business auto policy. Jenkins purchased these required limits. A Jenkins driver was negligent while operating a company vehicle and killed another motorist. The court ruled that Jenkins must pay $5 million. How much of this amount will be paid by the umbrella policy?
A) $1.0 million B) $3.9 million C) $4.0 million D) $5.0 million Title: Re: Jenkins Company purchased a commercial umbrella policy with a $10 million limit and a $100,000 ... Post by: Toni_Annette on Jul 6, 2017 Content hidden
Title: Re: Jenkins Company purchased a commercial umbrella policy with a $10 million limit and a $100,000 ... Post by: AzJose on Jul 8, 2018 Thanks again
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