100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Commercial Package Policy (CPP ) (examfx flashcards) questions & answers 2023/2024 $7.99   Add to cart

Exam (elaborations)

Commercial Package Policy (CPP ) (examfx flashcards) questions & answers 2023/2024

 3 views  0 purchase
  • Course
  • Commercial Package Policy
  • Institution
  • Commercial Package Policy

Commercial Package Policy (CPP ) (examfx flashcards) questions & answers 2023/2024 What are the 2 coverages triggers in commercial crime policies? - ANSWER-Discovery Form and Loss sustained form What is the purpose of a claims-made form? - ANSWER-To pay for bodily injuries or property damag...

[Show more]

Preview 1 out of 3  pages

  • October 10, 2023
  • 3
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • Commercial Package Policy
  • Commercial Package Policy
avatar-seller
Bensuda
Commercial Package Policy (CPP ) (examfx
flashcards) questions & answers 2023/2024

What are the 2 coverages triggers in commercial crime policies? - ANSWER-Discovery Form and Loss
sustained form



What is the purpose of a claims-made form? - ANSWER-To pay for bodily injuries or property damage
reported during the policy period



What type of perils are covered by the Advertising Injury Form? - ANSWER-Libel, slander, defamation,
violation of privacy, infringement of copyright or titles



What is a commercial floater? - ANSWER-An inland marine policy designed to cover movable commercial
property, wherever it may be located



What are the 3 liablity coverages included in the commercial general liablity (CGL) coverage form? -
ANSWER-Coverage A - bodily injury and property damage, coverage B - personal and advertising injury,
and coverage C - medical payments



In commercial package policies (CPPS), who may cancel the policy in the writing and make changes to
the policy with the consent of the insurer? - ANSWER-First named insured



What does coverage a of the commercial general liability (CGL) form provide coverage for? - ANSWER-
Injury or death suffered by a third party, or damage to the property of others



What is the name for policy endorsement that may apply to more than one coverage part? - ANSWER-
Interline endorsments



What type of property can be covered under inland marine insurance? - ANSWER-any type of property
that is portable on land, as well as means of transportation and communication

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 Bensuda. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

83637 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
$7.99
  • (0)
  Add to cart