Commercial general liability insurance policies written on an occurrence basis apply to bodily injury and property damage that occurs during the policy period. This provision supports the principle that insurable loss exposures must ideally be

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Commercial general liability insurance policies written on an occurrence basis apply to bodily injury and property damage that occurs during the policy period. This provision supports the principle that insurable loss exposures must ideally be

Options

A. Definite.
B. Fortuitous.
C. Independent.
D. Pure risks.

Answer: A. Losses that occur during the policy period are definite in time.

The above question Commercial general liability insurance policies written on an occurrence basis apply to bodily injury and property damage that occurs during the policy period. This provision supports the principle that insurable loss exposures must ideally be, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.