Free Commercial General Liability Practice Questions
New York Property & Casualty exam (series 17-56) — 63 practice questions.
Subtopics: Claims-made coverage, Direct action, Late notice, Notice to agent, Insured insolvency, Disclaimers, Occurrence vs claims-made, Coverage A, Coverage B, Limits of liability, Claims-made features, Coverage C, Products-completed operations, Premises and operations, Damage to premises rented, Supplementary payments, Additional insured, Personal and advertising injury, Insured contract, Occurrence definition, Each occurrence limit, General aggregate limit, Retroactive date, Extended reporting period, Pollution exclusion, Employers liability exclusion, Your product exclusion, Medical payments Coverage C, Named insured status, Defense costs, Property damage definition, Coverage A exclusions, Coverage B exclusions, Who is an insured, Conditions, Liquor liability, Mobile equipment
Read the Commercial General Liability study guide
Sample questions & answers
1. Under Regulation 121, which liability coverage may a New York insurer write on a claims-made basis for an ordinary small business?
Products and completed operations liability
Part 73.2(a) lists coverages allowed on a claims-made basis, including completed operations, products, professional, D&O, E&O, EPL, and pollution; auto and 3425 personal lines coverages are barred.
2. When a New York claims-made liability policy terminates, the insurer must automatically provide an extended reporting period of:
60 days (90 for public entities)
Part 73.3(d) requires a 60-day automatic extended reporting period, or 90 days for public entity liability policies.
3. For most New York claims-made liability coverages, on termination the insurer must offer the insured an optional extended reporting period of:
Three years
Part 73.3(f) requires the offer of a three-year extended reporting period, with one-year offers for D&O (other than not-for-profits), fiduciary, EPL, pollution, and certain other coverages.
4. Under New York's claims-made regulation, the retroactive date of a claims-made policy:
May not be changed during the relationship
Part 73.3(b) bars changing the retroactive date during the claims-made relationship and any extended reporting period.
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Practice: Commercial General Liability
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
