Author Question: HRC Company purchased an unendorsed ISO Commercial General Liability (CGL) policy. Which of the ... (Read 109 times)

james0929 · **on:** Jul 11, 2018

HRC Company purchased an unendorsed ISO Commercial General Liability (CGL) policy. Which of the following claims would be covered under the CGL?

A) workers compensation liability
B) liability arising from intentional acts
C) personal and advertising injury liability
D) professional liability

Question 2

A deferred annuity will pay you 500 at the end of each year for 10 years, however the first
payment will not be made until three years from today (payments will be made at the end of years
3 through 12).

What amount will you have to deposit today to fund this deferred annuity? Use an
8 discount rate and round your answer to the nearest 100.
A) 2,200 B) 3,400 C) 2,400 D) 2,900