Question
Jillian operates a sporting goods store in a rented loca- tion at a shopping mall. She is insured under a CGL policy with the following
Jillian operates a sporting goods store in a rented loca- tion at a shopping mall. She is insured under a CGL policy with the following limits:
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 Jillians 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 $6,000, $7,500, and $5,000, respectively.
b. A fire resulted from the explosion. The damage to the rented building is $50,000.
c. A customer injured by the explosion sues Jillian for $200,000 for the bodily injury.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started