Exam (elaborations)
CIC Commercial Multiline - Section 5 questions with correct answers
- Course
- Institution
Identify the three primary Purposes of Excess liability & Umbrella liability policies. Excess Liab - LO1 CORRECT ANSWER 1. Provides additional limits that are excess over underlying limits of insurance. ie: Auto Loss 1.8M. 2. Provides primary coverage when underlying poliy does not respond beac...
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