Final answer:
Out of the listed options, the one not typically excluded under a General Liability Policy is Personal and Advertising Injury. The policy usually covers third-party claims, which includes protection against libel, slander, and infringement of intellectual property.
Step-by-step explanation:
The student's question revolves around the exclusions typical to a General Liability Policy. Among the options listed, options (a), (b), and (c) are usually exclded from the policy.
These involve property damage to the insured's own property, property in the insured's care, custody, or control, and bodily injury to the insured and their employees, respectively. Conversely, option (d) Personal and Advertising Injury, is generally not excluded and is usually a covered peril under the General Liability Policy.
When discussing various policies, it is important to note that a General Liability Policy pays out for liability claims made against the insured typically covering third-party claims of bodily injury or property damage, as well as personal and advertising injury.
The purpose of the policy is not to insure the policyholder's property or themselves but to protect against liability to others. Therefore, personal and advertising injury is included because it refers to claims such as libel, slander, or infringement of intellectual property, which can cause financial harm to others, not the insured.