If You Choose Not to Renew a Policy as of June

question 8

Multiple Choice

If you choose not to renew a policy as of June 30th, and a claim is made against you on July 30th for an incident that occurred on June 30th. According to your policy, you are not covered. This is what type of policy?

• A) Tail coverage
• B) Occurrence-basis
• C) Claims-made
• D) Prior acts

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Definitions:

Positive Moods

Emotional states that are cheerful, encouraging, and conducive to positive outcomes in interpersonal relationships and productivity.

Turnover Intentions

The intention or inclination of employees to leave their current positions within an organization.

Short-lived Feelings

These are transient emotions or sentiments that can fluctuate frequently and are often triggered by specific events or interactions.

Specific Cause

A distinct and identifiable factor that leads to a particular effect or outcome, often pinpointed in analysis to understand cause-and-effect relationships.