1. Explain the difference between an occurrence policy and a claims-made policy. 2. A workers compensation policy contains several coverages. Briefly explain each of the following coverages: a. Part...

1. Explain the difference between an occurrence policy and a claims-made policy.

2. A workers compensation policy contains several coverages. Briefly explain each of the following coverages:

a. Part One: Workers Compensation Insurance

b. Part Two: Employers Liability Insurance

c. Part Three: Other-States Insurance

3. Section III of CGL states several limits of insurance.

Briefly explain the following:

a. General aggregate limit

b. Product completed operations aggregate limit

c. Personal and advertising injury limit

d. Each-occurrence limit

e. Damage to rented premises

f. Medical expense limit