What are the requirements for coverage for an incident to be covered under a claims-made liability policy?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (14 reviews)
To have a claim covered under a claimsmade contract the claim must occur during the policy period ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Introduction to Risk Management and Insurance
ISBN: 978-0131394124
10th edition
Authors: Mark S. Dorfman, David Cather
Question Posted:
Students also viewed these Corporate Finance questions
-
What are the requirements for becoming a Certified Management Accountant?
-
What are the requirements for Rule 506 under Reg D?
-
What are the requirements for acquiring property by adverse possession?
-
Why do we use the absolute value of x or of g(x) in the derivative formulas for the natural logarithm?
-
Assume simple random sampling. Calculate the confidence interval for the population total for each of the following. a. N = 1325; n = 121; s = 20; x = 182; 95% confidence level b. N = 2100; n = 144;...
-
The two-wattmeter method gives P1 = 1200 W and P2 = -400 W for a three-phase motor running on a 240-V line. Assume that the motor load is wye-connected and that it draws a line current of 6 A....
-
Fine Furniture Ltd had a balance in its Work in Process Inventory account on 1 October 2025 of $27 200 made up of two jobs: Job 730, $12 800; and Job 731, $14 400. At the end of October, costs...
-
LaSalle Bank loaned $8 million to Cypress Creek to build an apartment complex. The loan was secured by a mortgage. Cypress Creek hired contractors to provide concrete work, plumbing, carpentry, and...
-
1: Provided in the template below are elements of Quality Areas 1 and 6 of the National Quality Standard (NQS). Access and review each of the Quality Areas in the ACECQA website, and for each of the...
-
On January 1, 2023, Psalm and Trisha formed PS Partnership. The articles of co-partnership provides that profit or loss shall be distributed accordingly: 15% interest on average capital balance....
-
How can tail coverage help an attorney who has just retired from active practice?
-
How does the retroactive date differ from the tail period in a claims-made liability policy?
-
Find the length of each segment. Round to the nearest tenth of a unit. a A(1,4) B(4,2) X
-
A male who is aware that he has been diagnosed with acquired immunodeficiency syndrome (AIDS) engages in sexual intercourse with a female. He does not inform the female that he has AIDS. As a result,...
-
Boris Bottlemore has just finished celebrating his new job promotion by consuming ten double shots of bourbon in a bar near his home. He staggers from the bar to his home, which is one of twenty...
-
What forms of gambling are legal and illegal in your state? Are there any particular games that fall into a gray area between permitted and prohibited activity? Is church bingo legal in your state?
-
Do the federal statutes making it unlawful to deprive persons of their civil rights under color of law have a significant deterrent effect on misconduct of law enforcement personnel? Or do these...
-
Refer to the table for Moola at the bottom of this page to answer the following questions. What is the equilibrium interest rate in Moola? What is the level of investment at the equilibrium interest...
-
Describe the union of the three solution sets in Exercise 89 in words, and write it in interval notation as a single interval. Data from in Exercise 89 Complete the following: The solution set of 3(x...
-
If you want to solve a minimization problem by applying the geometric method to the dual problem, how many variables and problem constraints must be in the original problem?
-
Consider the Vasicek model of interest rates. Download daily data on the one-month T-bill rate from the Federal Reserve web site and use these data to estimate γ, r and Ï. This...
-
Let r follows the process drt = (r - rt)dt + dXt Use Ito's Lemma to compute the law of motion of P = F(r), for F(X) given by (a) F(r) = A + B r where A, B are two constants. (b) F(r) = e A-B r where...
-
You have estimated the parameters for the Vasicek model, and the results are in Table 15.3, where the notation is the same as that used in this chapter. The current overnight rate is 2%. (a) Compute...
-
A bank can either invest money for three months at 4.00% or for nine months at 4.50%. Ignoring actual/360 day count adjustments for the purpose of this question, the three against nine FRA quote the...
-
Shuggy Otis, an executive at Slapfish Corp. (SC) intends to retire in 11 years. SC just announced that it will start depositing $500.00 at the end of each quarter into each of its workers' retirement...
-
On January 1, the Hanover Beverage Company replaced the palletizing machine on one of its juice lines. The cost of the machine was $195,000. The machine's expected life is five years or 480,000...
Study smarter with the SolutionInn App