10 free P&C practice questions in the real exam format, covering the official content areas, with an explanation for every answer.
P&C Practice Test 4Tutor mode
Question 1 of 10
Casualty: Types of Policies, Bonds, and Related Terms
A manufacturer's CGL policy has these limits: each occurrence $1,000,000; general aggregate $2,000,000; products-completed operations aggregate $2,000,000. This policy year the insurer has already paid $1,500,000 for premises slip-and-fall claims. A new covered claim from a defective product shipped last year settles for $1,200,000. What is the most the insurer will pay on the product claim?