Asked by Julianna Goulais on Jun 23, 2024
Verified
As a general rule,liability insurance policies furnish the insured with coverage for his negligence and his intentional acts of a wrongful nature.
Liability Insurance
A type of insurance coverage that protects an individual or entity from the risk of being held legally liable for injuries or damages to others.
Negligence
The lack of taking adequate precautions to prevent causing harm or damage to someone else.
Wrongful Nature
The characteristic of an act or behavior deemed improper, illegal, or unjust according to societal or legal standards.
- Learn the insurance policy features and conditions that affect coverage, such as open policies and coverage for negligence versus intentional acts.
Verified Answer
HM
Hunter MullingsJun 27, 2024
Final Answer :
False
Explanation :
Liability policies commonly afford coverage against the insured's liability for negligence but not against the insured's liability stemming from deliberate wrongful acts (most intentional torts and most behavior constituting a crime).
Learning Objectives
- Learn the insurance policy features and conditions that affect coverage, such as open policies and coverage for negligence versus intentional acts.