1. Briefly describe the following coverages that appear in an aircraft policy:
a. Physical damage coverage
b. Liability coverage
2. Explain the following characteristics in a commercial umbrella policy:
a. Coverages provided
b. Required underlying coverages
c. Self-insured retention (SIR)
3. Briefly describe the major characteristics of an errors and omissions (E&O) professional liability insurance.
4. Explain the insuring agreements that typically appear in a directors and officers (D&O) liability policy.
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