Businesses typically insure their primary liability exposures using:

Question

Quizplus · Accepted Answer

The commercial general liability policy provides coverage for a variety of liability exposures, including bodily injury, property damage, and personal/advertising injury. This is the most commonly used insurance policy for primary liability coverage.

Answer: B 
 The business owners liability package policy can also provide primary liability coverage, but it is typically designed for smaller businesses with fewer liability exposures. It may not offer as much coverage or customization options as the commercial general liability policy.

Answer: C 
 Hold-harmless agreements are legal contracts between parties stating that one party will not hold the other liable for certain damages or losses. While they can be useful in limiting liability, they do not provide insurance coverage and should not be relied on as the sole method of liability protection.

Answer: D 
 The comprehensive business policy is not a specific insurance policy and does not provide primary liability coverage. It refers to a combination of insurance policies that a business may choose to purchase in order to protect against a variety of risks.

Businesses Typically Insure Their Primary Liability Exposures Using