Introduction to Liability Insurance
Help!
|
|
||||
|---|---|---|---|---|---|
| show | Liability losses
🗑
|
||||
| A civil wrong that violates the rights of another. | show 🗑
|
||||
| show | Negligence
🗑
|
||||
| 4 factors for establishing negligence. | show 🗑
|
||||
| Duty that people owe each other to protect others rights and properties. | show 🗑
|
||||
| show | Proximate cause
🗑
|
||||
| show | Intervening cause
🗑
|
||||
| show | Contributory negligence
🗑
|
||||
| A finding of liability to be made even when both parties have contributed to the loss with an award based on the extent of each party's negligence. | show 🗑
|
||||
| When a person knowingly exposes himself to danger or injury. | show 🗑
|
||||
| show | Statute of limitations
🗑
|
||||
| Imposed by law on those participating in certain activities that are considered especially hazardous. | show 🗑
|
||||
| Being held responsible for the negligent acts of another person. | show 🗑
|
||||
| Liability losses are known as what in the insurance industry? | show 🗑
|
||||
| show | Compensatory damages
🗑
|
||||
| All direct and specific expenses involved in a particular loss, such as medical expences, lost wages, funeral expenses, and the cost to repair or replace damaged property. | show 🗑
|
||||
| Compensates for such thigns as pain and suffering and disfigurement as well as mental anguish and loss of companionship. | show 🗑
|
||||
| 3 insuring agreement coverages. | show 🗑
|
||||
| show | Bodily injury (BI)
🗑
|
||||
| show | Property Damage (PD).
🗑
|
||||
| Includes things such as slander, libel, false arreest, and invasion of privacy. | show 🗑
|
||||
| show | Policy limits
🗑
|
||||
| show | Split limits
🗑
|
||||
| show | Single or combined single limit
🗑
|
||||
| When do limits apply? (3) | show 🗑
|
||||
| Liability insurance exludes the following? (6) | show 🗑
|
||||
| show | Contribution by equal shares
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
landonhill
Popular Insurance sets