Jillian operates a sporting goods store in a rented location at a shopping mall. She is insured
Question:
Jillian operates a sporting goods store in a rented location at a shopping mall. She is insured under a CGL policy with the following limits:Indicate the dollar amount, if any, that Jillian’s insurer will pay for each of the following losses. Treat each part separately:
a. Three customers were injured when a store display collapsed and fell on them. The customers had medical expenses of $6,000, $7,500, and $5,000, respectively.
b. An employee discarded a cigarette in a waste basket. The discarded cigarette started a fire that caused $50,000 in damage to the rented building.
c. Jillian thought a customer was shoplifting. She did not know the customer was returning merchandise he had purchased earlier in the week and exchanging it. When the customer left the store, Jillian had him arrested for shoplifting. The customer is suing Jillian for $25,000 for false arrest.
Step by Step Answer:
Principles Of Risk Management And Insurance
ISBN: 0135180864
14th Global Edition
Authors: George E. Rejda, Michael McNamara