100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CAIB Bundled Exam New 2024 ,2025 Versions Fully Solved 100% $17.99   Add to cart

Package deal

CAIB Bundled Exam New 2024 ,2025 Versions Fully Solved 100%

CAIB Bundled Exam New 2024 ,2025 Versions Fully Solved 100%

14 items

CAIB 1: CH 1 : SEC 1 - STUDY GUIDE QUESTIONS AND ANSWERS

(0)
$7.99

A contract is an agreement between 2 or more persons which creates an obligation to do or not do a certain particular thing. All contracts contain 5 elements. What are they? - Agreement; Consideration; Legality of Object; Legal Capacity of the Parties to Contract; Genuine Intention At what point ...

View example

CAIB 1 EXAM 2024 QUESTIONS WITH COMPLETE ANSWERS ALREADY SCORED A+

(0)
$7.99

Accident - an unforeseen and unintended occurrence due to external violent, sudden, fortuitous causes beyond the insured's control Actual cash value - New or replacement cost of the insured property less depreciation Additional living expenses - costs "over and above" what it would normally ha...

View example

PRACTICE EXAM FOR CAIB 1 () QUESTIONS WITH COMPLETE ANSWERS ALREADY SCORED A+

(0)
$7.99

A mistake that causes financial loss to either a client or an insurer can result in an Errors and Omissions claim. It is important for brokers to control this exposure. Indicate the measures aimed at preventing or controlling errors and omissions. - Those which serve to prevent losses from occurri...

View example

CAIB 1 PRACTICE QUESTIONS WITH COMPLETE ANSWERS ALREADY SCORED A+

(0)
$7.99

3 elements of a tort - Answer-Duty owed, duty breached & damages resulted (proximately) A "building" is defined as... - Answer-a. Fixed structures b. Additions/extensions c. Permanent fittings d. Materials on premises for regular maintenance e. Growing plants inside the building for decorati...

View example

CAIB 1: Chapter 1 Questions & Answers Solved 100% Correct!!

(0)
$7.99

ACTUAL CASH VALUE - new or replacement cost of the property at the time of the loss, less depreciation AGENCY AGREEMENT - a written agreeement or contract between the insurer and the brokerage which acknowledges their relationship BLANKET COVERAGE - policy which provides a single limit of insura...

View example

CAIB 2 Chapter 1 practice - exam 2 Questions With 100% Correct Answers.

(0)
$7.99

All policies contain exclusions. List five types of exclusions and provide 2 examples of each - i) War - commercially uninsurable ii) Flood & earthquake - may be catastrophic iii) Automobile & Valuable papers - Other forms of insurance may be available iv) Wear and Tear / Mechanical Breakdown - ...

View example

CAIB 1 1-3 Distribution of Insurance Questions With 100% Correct Answers.

(0)
$7.99

Insurance Bureau of Canada (IBC) - Statistics Insurance Crime Prevention Bureau (ICPB) - a) fire Underwriters' Investigation Bureau (FUIB) Adjusters of member companies are required to submit copies of all reports over $3,000 b) Canadian Auto Theft Bureau Private insurance Insurer's Advisory ...

View example

CAIB 1 - Chap 1 - 3 - Checkpoints Questions And Answers Graded A+

(0)
$7.99

5 Properties subject to 'special limits' under the IBC homeowners' policy when stolen - • Jewellery and furs up to $ 2000 in all • Coin collections up to $ 200 in all • Stamp collections and manuscripts up to $1,000 in all • Collectible cards up to $1,000 in all • Each bicycle, its...

View example

CAIB 4 - Book Practice Questions & Answers Solved 100% Correct!!

(0)
$7.99

A technology plan will affect all aspects of the brokerage and its relationships with its clients, prospects and the insurance companies. Describe areas the brokerage will have to address in its technology planning process - Understanding Needs Analyze the current business situation Project the...

View example

CAIB 3: FINAL EXAMINATION QUESTIONS WITH COMPLETE ANSWERS ALREADY SCORED A+

(0)
$7.99

Constructive Total Loss (MARINE INSURANCE) - Occurs when the cost of salvaging the cargo is too high relative to the value saved Define the following insurance terms. Bill of Lading - Documents issued by carriers responsible for transporting or forwarding goods Going Concern Value - Difference i...

View example

CAIB 1: CHAPTER 1: KEY TERMS QUESTIONS & ANSWERS SCORED A+

(0)
$7.99

Actual Cash Value - New or replacement cost of the property at the time of loss, less depreciation Agency Agreement - A written agreement or contract between the insurer and the brokerage which acknowledges their relationship Blanket Coverage - Policy which provides a single limit of insurance fo...

View example

CAIB 2: CHAPTER 1 (2024) QUESTIONS & ANSWERS SCORED A+

(0)
$7.99

"Condition." - Something imposed by the insurer that requires the insured to do or not do something. "Deductible." - The portion of an insured loss that's borne by the insured before s/he's entitled to recovery from the insurer. "Fraudulent." - To act willfully and with the specific inte...

View example

CAIB 1: Chapter 71-2 building towards professionalism Exam Questions And Answers Rated A+ New Update Assured Satisfaction

(0)
$7.99

1/4 of E&O are from misrepresentation. Explain the example with the 'Hornberg' case - Court ruled that the broker should have known the property was used only seasonally. Did not inform insured and after claim the policy was found to be void. Held broker to pay for loss Describe the 'Fine Flow...

View example

CAIB 1: Chapter Questions And Answers Rated A+ New Update Assured Satisfaction

(0)
$7.99

Identify the four items, when described on the Coverage Summary page, are insured under the Outboard Motor and Boat Policy. - i. Boat including permanently attached equipment ii. The motor(s) including fuel containers and electric starting equipment or controls supplied as integral equipment by t...

View example
avatar-seller
ACADEMICMATERIALS

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ACADEMICMATERIALS. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $17.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81113 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$111.86 $17.99
  • (0)
  Add to cart