Jill operates a sporting goods store in a rented location at a shopping mall. She is insured
Question:
General aggregate limit ............. $1,000,000
Products-completed operations
aggregate limit ............... 1,000,000
Personal and advertising injury limit ....... 250,000
Each-occurrence limit ............ 300,000
Damage to rented premises .......... 100,000
Medical expense limit (any one person) ..... 5,000
A propane tank in the store exploded. Indicate the dollar amount, if any, that Jill's insurer will pay for each of the following losses:
a. Three customers were injured by flying debris from the explosion and had medical expenses of $6000, $7500, and $5000, respectively.
b. A fire resulted from the explosion. Damages to the rented building are $50,000.
c. A customer injured by the explosion sues Jill for $200,000 for the bodily injury.
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Related Book For
Principles Of Risk Management And Insurance
ISBN: 399
12th Edition
Authors: George E. Rejda, Michael McNamara
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