Exam DISC-IA Practice Question 817
Study guide: Exam DISC-IA
A manufacturer's CGL runs from July 1, 2026 to July 1, 2027. On May 15, 2027 it buys all the shares of a small corporation that has no liability insurance. Until when does the corporation automatically qualify as a named insured under paragraph 3 of Who Is an Insured, if the policy is not renewed or endorsed?
- A) July 1, 2027
- B) August 13, 2027
- C) May 15, 2028
- D) It never qualifies, because it was acquired after the policy began
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