New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A legal concept that holds gun manufacturers liable for

    the cost of injuries caused by guns. Several cities have filed lawsuits based on this concept is termed as?
    A Gun Liability Correct Answer Incorrect Answer
    B Commercial Insurance Correct Answer Incorrect Answer
    C Industrial Insurance Correct Answer Incorrect Answer
    D Gap Insurance Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Most individuals have some property and liability coverage for firearms in their standard homeowners' policy. Additional liability coverage is available through a personal umbrella policy. A few policies cover losses from accidental shootings in excess of the homeowners' coverage.

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