III IC-74 Practice Questions - III IC-74 Liability Insurance Exam

Which of the following is typically excluded under a standard Product Liability insurance policy?

Bodily injury to a consumer caused by a defective product Legal defense costs incurred in defending a product liability claim Property damage caused by the malfunction of the insured's product The cost of repairing or replacing the defective product itself

Correct Answer:

The cost of repairing or replacing the defective product itself

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