Top Posters
Since Sunday
6
n
3
j
3
o
2
x
2
c
2
2
p
2
n
2
3
2
C
2
z
2
Home Q & A Board Other Fields Homework Help Business Insurance
New Topic  
chouri chouri
wrote...
Go to Answer
Posts: 639
Rep: 0 0
6 years ago
Which of the following statements regarding the Coverage E limit in the homeowners policy is true?
A) It is an aggregate limit, and once the amount paid for one or more claims reaches the limit, no additional coverage is provided.
B) The limit applies only if a court orders the insured to pay—there is no coverage for settlements reached out-of-court.
C) Any legal defense costs incurred by the insurer are counted against the limit of liability.
D) The limit applies on a per-occurrence basis so more than the limit could be paid during the policy period.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
Read 56 times
1 Reply
Replies
Answer verified by a subject expert
Toni_AnnetteToni_Annette
wrote...
#1
Top Poster
Posts: 581
Rep: 5 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

chouri Author
wrote...

6 years ago
Smart ... Thanks!
erimis
wrote...

Yesterday
Helped a lot
kevin12323h
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  989 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1059
  
 2771
  
 281
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145
Previous poll results: Who's your favorite biologist?