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CAIB 3 (Canadian Accredited Insurance Broker) Bundle Set
CAIB 3 (Canadian Accredited Insurance Broker) Bundle
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[Show more]What is the name given to the collection of written decisions? - Answer Case Law 
 
Explain the concept of the Rule of Precedent. - Answer Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles ag...
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Add to cartWhat is the name given to the collection of written decisions? - Answer Case Law 
 
Explain the concept of the Rule of Precedent. - Answer Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles ag...
Civil Law - Answer the body of law concerned with civil or private rights and remedies, as contrasted with criminal law which deals with wrongs against society. 
 
Tort - Answer a private or civil wrong or injury, other than breach of contract, for which the court will provide a remedy in the fo...
Preview 2 out of 7 pages
Add to cartCivil Law - Answer the body of law concerned with civil or private rights and remedies, as contrasted with criminal law which deals with wrongs against society. 
 
Tort - Answer a private or civil wrong or injury, other than breach of contract, for which the court will provide a remedy in the fo...
Identify, other than in Quebec two different systems used to insure automobiles in Canada - Answer 1. Private insurers 
2. Compulsory government insurance plans 
 
Identify three types of Standard Policy Forms (SPF) that are used to insure vehicles - Answer SPF No 1. Owners Form 
SPF No 4. Stand...
Preview 2 out of 14 pages
Add to cartIdentify, other than in Quebec two different systems used to insure automobiles in Canada - Answer 1. Private insurers 
2. Compulsory government insurance plans 
 
Identify three types of Standard Policy Forms (SPF) that are used to insure vehicles - Answer SPF No 1. Owners Form 
SPF No 4. Stand...
Identify three sources of liability excluded by the commercial general liability policy. - Answer Pollution Liability - all bodily injury and property damage arising out of pollutants is excluded by the policy expect smoke damage caused by hostile fire on the insured premises would be covered when...
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Add to cartIdentify three sources of liability excluded by the commercial general liability policy. - Answer Pollution Liability - all bodily injury and property damage arising out of pollutants is excluded by the policy expect smoke damage caused by hostile fire on the insured premises would be covered when...
Identify the five mounting losses of liability insurers of the 1980's - Answer 1. Disproportionately high court awards in the USA 
2. Environmental Disasters 
3. Aviation Disasters 
4. Inadequate assessment of potentially dangerous risks 
5. Latent bodily injury claims 
 
Identify the five sectio...
Preview 2 out of 15 pages
Add to cartIdentify the five mounting losses of liability insurers of the 1980's - Answer 1. Disproportionately high court awards in the USA 
2. Environmental Disasters 
3. Aviation Disasters 
4. Inadequate assessment of potentially dangerous risks 
5. Latent bodily injury claims 
 
Identify the five sectio...
Identify, in addition to transportation over the ocean, four other incidental methods of transportation covered under a marine cargo insurance policy - Answer 1. Air 
2. Land 
3. Rail 
4. Vessels operating on inland waterways or lakes 
 
Identify the four parties who may have an insurable inter...
Preview 2 out of 14 pages
Add to cartIdentify, in addition to transportation over the ocean, four other incidental methods of transportation covered under a marine cargo insurance policy - Answer 1. Air 
2. Land 
3. Rail 
4. Vessels operating on inland waterways or lakes 
 
Identify the four parties who may have an insurable inter...
Identify the two divisions in the Canadian Legal System - Answer Criminal Law 
Civil Law 
 
Should brokers always recommend clients questions concerning maters of law to a qualified legal practitioner? - Answer Yes 
 
Identify eight examples of criminal wrongs - Answer Certain uses of an autom...
Preview 2 out of 11 pages
Add to cartIdentify the two divisions in the Canadian Legal System - Answer Criminal Law 
Civil Law 
 
Should brokers always recommend clients questions concerning maters of law to a qualified legal practitioner? - Answer Yes 
 
Identify eight examples of criminal wrongs - Answer Certain uses of an autom...
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