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A Policy Was in Effect from the Entire Year of 2025

Question 64

Multiple Choice

A policy was in effect from the entire year of 2025 and a liability claim was filed on June 23, 2027 related to an incident that happened in 2025. What type of coverage could cover the claim, if purchased?


A) Claims-made policy
B) Occurrence policy
C) Umbrella coverage policy
D) No coverage at all

Correct Answer:

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