If You Choose Not to Renew a Policy as of June

question 13

Multiple Choice

If you choose not to renew a policy as of June 30, and suit is brought against you on July 30 for an incident that occurred on June 30, you are covered. This is considered what type of policy?

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

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Definitions:

D-Ribose

A naturally occurring monosaccharide with the formula C5H10O5, important as a component of RNA and various biochemical pathways.

D-Aldopentose

A type of aldose sugar with five carbon atoms and has the D-configuration, which relates to the configuration of the hydroxyl group on the last asymmetric carbon atom.

Kiliani-Fischer

A chemical synthesis method used to elongate the carbon chain of sugars.

Aldohexoses

A class of monosaccharides that contain six carbon atoms and an aldehyde functional group.