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Commercial Casualty – CIC study guide/exan questions and answers correct and verified 100%
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Commercial Casualty – CIC
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Commercial Casualty – CIC
Commercial Casualty – CIC study guide/exan questions and answers correct and verified 100%Commercial Casualty – CIC study guide/exan questions and answers correct and verified 100%
=What are the two promises the insurer makes? - correct answers-1. Indemnity
2.Defense
A Commercial General...
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Commercial Casualty – ka ka
CIC study guide/exan questions and ans
ka ka ka ka ka ka
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ka ka ka ka
=Whatkaarekathekatwokapromiseskathekainsurerkamakes?ka-kacorrectkaanswers-1.kaIndemnity
2.Defense
AkaCommercialkaGeneralkaLiabilitykaPolicykamaykabekawrittenkaaskaaka-kacorrectkaanswers-1.kaMonolinekaPolicy
2.kaMulti-LinekaPolicy
6kadifferentkaformskaofkabusinesska-kacorrectkaanswers-1.kaIndividual
2.kaPartnership
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4.kaTrust
5.kaLimitedkaLiabilitykaCompany
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Theka5kasectionskatokaakaCGLkaFormka-kacorrectkaanswers-SectionkaIka-kaCoverages
ka CoveragekaAka-kaBodilykaInjurykaandkaPropertykaDamage
ka CoveragekaBka-kaPersonalkaandkaAdvertisingkaInjury
ka CoveragekaCka-kaMedicalkaPayments
SectionkaIIka-kaWhokaiskaankaInsured?
SectionkaIIIka-kaLimitskaofkaInsurance
SectionkaIVka-kaCGLkaConditions
SectionkaVka-kaDefinitions
CoveragekaCkaiskamorekaforka-kacorrectkaanswers-Onkathekapremiseskaandkaaroundkathekapremises
Operations-kaawaykafromkathekapremises
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sured'skapremises
,BusinesskaOperationskaLiabilityka-kacorrectkaanswers-
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STILLkaINkaTHEkaHANDSkaOFkaTHEkaINSUREDS
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Ariseskaoutkaofkathekasale,kadistributionkaorkamanufacturekaofkathekanamedkainsured'skaproductka
CoveragekabeginskawhenkathekaproductkahaskaLEFTkaTHEkaNAMEDkaINSURED'SkaPREMISESkaandkaiskanokalonger
kainkathekanamedkainsured'skapossessions
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allkaBIkaandkaPDkaoccurringkaawaykafromkapremiseskayoukaownkaorkarentkaandkaarisingkaoutkaofka"yourkaproduct
"kaorka"yourkawork"kaexcept:
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llowingkatimes:ka-kacorrectkaanswers-
1.kaWhenkaallkaofkathekaworkkatokabekadonekaatkathekajobkasitekahaskabeenkacompleted
2.kaWhenkaallkaofkathekaworkkatokabekadonekaatkathekajobkasitekahaskabeenkacompletedkaifkayourkacontractkacallskaf
orkaworkkaatkamorekathankaonekajobkasite
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sonkaorkaorganizationkaotherkathankaanotherkacontractorkaorkasubcontractorkaworkingkaonkathekasamekaprojec
t
"YourkaProduct"kameanska-kacorrectkaanswers-
anykagoodskaorkaproductskaotherkathankarealkaproperty,kamanufactyured,kasold,kahandled,kadistributedkaorkadi
sposedkaofkaby:kayou,kaotherskatradingkaunderkayourkaname,kaorkaakapersonkaorkaorganizationkawhosekabusines
skaorkaassetskayoukahavekaacquired
Yourkaproductkaalsokaincludeska-kacorrectkaanswers-
Containerska(otherkathankavehicles),kamaterials,kapartskaorkaequipmentkafurnishedkainkaconnectionkawithkasuc
hkagoodskaorkaproductskaIncluding:
,-
Warrantieskaorkarepresentationskamadekaatkaanykatimekawithkarespectkatokathekafitness,kaquality,kadurability,k
aperformancekaorkausekaofka"YourkaProduct"
-kaThekaprovidingkaofkaorkafailurekatokaprovidekawarningkaorkainstructions
-
Doeskanotkaincludekavendingkamachineskaorkaotherkapropertykarentedkatokaorkalocatedkaforkathekausekaofkaoth
ka
erskabutkanotkasold
"YourkaWork"kameanska-kacorrectkaanswers-
1.kaWorkkaorkaoperationskaperformedkabykayoukaorkaonkayourkabehalf
2.kaMaterials,kapartskaorkaequipmentkafurnishedkainkaconnectionkawithkasuchkaworkkaorkaoperationskaincludin
g:
-
Warrantieskaorkarepresentationskamadekaatkaanykatimekawithkarespectkatokathekafitness,kaquality,kadurability,k
aperformancekaorkausekaofka"YourkaWork"
-kaThekaprovidingkaofkaorkafailurekatokaprovidekawarningkaorkainstructions
CompletedkaOperationkaLiabilityka-kacorrectkaanswers-
Ariseskafromkaactivitieskainvolvedkainkathekaoperationkaofkaankaorganizationkaincludingkaservicekaandkarepairka
activitieskausuallykadonekaonkathekapremiseskaofkaothers,kaafterkathekaactivitykahaskabeenkaconcluded
CoveragekabeginskaWHENkaTHEkaBUSINESSkaOPERATIONkaISkaCOMPLETEDka-
kaNOkaLONGERkaINkaINSUREDSkaHANDS
Workkathatkamaykaneedkaservice,kamaintenance,kacorrection,karepairkaorkareplacement,kabutkawhichkaiskaothe
rwisekacomplete,kawillkabekatreatedkaaskacomplete
ex.kaFoodkaconsumptionkaonkathekanamedkainsured'skapremises
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-Products
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Ariseskafromkaonekapartykaassumingkaresponsibilitykaofkaanotherkaparty
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Whatkakindkaofkacontractkaforkaakaleasekaofkapremiseskaiskanotkaconsideredkaankainsuredkacontract?ka-
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kaforkadamagekabykafirekatokapremiseskawhilekarentedkatokayoukaorkatemporarilykaoccupiedkabykayoukawithkaper
missionkaofkathekaowner
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connectionkawithkaconstructionkaorkademolitionkaoperationkaonkaorkawithinka50kafeetkaofkaakarailroad
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onkapartyka(thekaindemnitor)kapromiseskatokareimburse,kaandkainkasomekacaseskadefendkathekaotherkapartyka(t
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emnitor)