Which of the following statements is (are) true with respect to the tr

Which of the following statements is (are) true with respect to the treatment of legal defense costs under the ISO Commercial General Liability policy?

I. Legal defense costs usually are counted against the policy limit.
II. Once the insurer has paid out the applicable limit of liability, the insurer’s duty to defend ends.
A) I only
B) II only
C) both I and II
D) neither I nor II
c

ANSWER

Answer: B