Actuarial Notes

Exam DISC-IA Practice Question 827

Study guide: Exam DISC-IA

A builder's CGL has a $1,000,000 each occurrence limit and a $2,000,000 general aggregate, with CG 25 03 05 09 (Designated Construction Project(s) General Aggregate Limit) scheduling Project P. Early in the year a visitor at the builder's own office recovers $200,000. Then ongoing operations at Project P cause three occurrences, in this order, of $800,000, $900,000 and $700,000. How much is paid on the third Project P occurrence?

  • A) $0
  • B) $100,000
  • C) $300,000
  • D) $700,000

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