Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sammy owns a surf & skate shop insured under a CPP that includes BPP coverage, with a causes-of-loss broad form. The CPP also includes CGL

Sammy owns a surf & skate shop insured under a CPP that includes BPP coverage, with a causes-of-loss broad form. The CPP also includes CGL coverage, written on an occurrence basis. Pursuant to the declarations page, the coverage applies to the shop itself and Sammy's business property. Sammy also insured the business for $100,000 under a business income (and extra expense) coverage form.

During the policy period, Sammy detains a customer in his office at the shop when he suspects the customer of trying to steal an expensive custom surfboard. Sammy turns out to be wrong and 2 months after the CGL expires, the customer sues Sammy for defamation and false imprisonment.

Based on the info above, is the loss covered?

A. Yes, because t.

B. No, because the policy excludes personal injury claims.

C. No, because the claim was made after the expiration of the policy.

D. Yes, because the CGL portion of the policy covers false imprisonment claims.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Criminal Law Directions

Authors: Nicola Monaghan

7th Edition

0192855379, 978-0192855374

More Books

Students also viewed these Law questions

Question

1. Maintain my own perspective and my opinions

Answered: 1 week ago