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A Claims-Made Liability Insurance Contract Pays For

Question 1

Multiple Choice

A claims-made liability insurance contract pays for:


A) injuries suffered by the insured during the policy period
B) defense costs if the insured is sued, but not for actual damages awarded to a plaintiff
C) claims only when an insured is sued, but does not pay for defense costs
D) claims filed against the insured during the policy period

Correct Answer:

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