Bundle for CIC Commercial Property/Casulaty Exams Compilation with Complete & Updated Solutions| 100% Success

CIC Commercial Property Exam Prep Questions with Complete Answers Endorsements used to modify coverage extensions (6) - Answer ️️ 1. newly acquired or constructed property - increased limit 2. higher limits 3. specified bpp temporarily away from premises 4. additional covered property 5. ...

CIC Commercial Property Causes of loss forms ch 2 Exam 2.1 Given a loss situation, determine whether or not a loss is covered by the Basic, Broad, or Special Causes of Loss Forms and give reasons for your answer - Answer ️️ Basic Form CP1010 Broad Form* FLEWSARV LSV Fire* Lightning* Expl...

CIC COMMERCIAL PROPERTY EXAM QUESTIONS & ANSWERS What are commercial property loss exposures - Answer ️️ Buildings, personal property of owner, others and off premises, business income. What are some causes of loss - Answer ️️ Fire, accident, weather, crime and disaster. What should be ...

CIC - Commercial Casualty Institute Exam Questions and Answers Identify the Specific Rights & Responsibilities of the First Named Insured (Objective #1) - Ans ️️ 1- Cancel Policy 2- Receive Notice of Cancellation 3- Make Changes to Policy (with Insurer Consent) 4- Payment of Premiums 5- P...

CIC Commercial Casualty CGL Exam Questions and Answer 6 Casualty exposures covered by CGL policy - Answer ️️ Premises, Business operations, Products, Completed operations, Contractual, Contingent/vicarious Premises types in CGL - Answer ️️ Any location owned, rented, leased, borrowed, o...

CIC Commercial Property Exam Questions with Complete Solutions Learning Objective 1A - Rights and Duties of the first Named Insured - Answer️️ 1. Authorization to Cancel 2. Receive Cancellation 3. Make Changes with Insurer Consent 4. Responsible for Payment of Premium 5. Payee (Receiver) ...

CIC Commercial Property II Causes of Loss Exam Questions and Answers Peril - Ans ️️ Synonymous with "Causes of Loss" Burden of proof in Open Causes of Loss Form - Ans ️️ Burden falls on insurer Burden of proof in Named Causes of Loss form - Ans ️️ Insured has burden of proof Cove...

CIC Commercial Multi-Line Exam Questions and Answers Describe how inland marine insurance started - Answer ️️ -evolved from ocean marine -filled gap in coverage as good transitioned from ocean marine -cover goods in transit over land Does inland marine also apply to instruments of transport...

CIC Commercial Multiline Section 3 Crime Exam Questions and Answers Identify the reasons for purchasing commercial crime insurance based on the exclusions and limitations of the Building and Personal Property Coverage Form with Causes Of Loss- Special Form - Answer ️️ Commercial Property pol...