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CIC Commercial Casualty BAP Exam-Questions with Correct Answers/ Verified/ Latest (2024/2025)
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CIC Commercial Casualty BAP Exam-Questions with Correct Answers/ Verified/ Latest (2024/2025)
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CIC Commercial Casualty BAP Exam-Questions with CorrectAnswers/ Verified/ Latest (2024/2025)
Exposures covered under BAP - ✔✔1) *Liability* - from ownership, maintenance or use of
covered autos
2) *Physical damage* for loss to certain covered autos
Business Auto Policy (BAP) Structure - ✔✔1. Common Policy Declarations (IL DS 00 09 08)
2. Common Policy Conditions (IL 00 17 11 98)
3. Business Auto Declarations (CA DS 03 10 13)
4. Business Auto Coverage Form (CA 00 01 10 13)
Section I - Covered Autos
Section II - Covered Autos Liability Coverage
Section III - Physical Damage Coverage
Section IV - Business Auto Conditions
Section V - Definitions
5. Endorsements
Business Auto Declarations - ✔✔1.Named Insured
May have multiple named insureds
2. Policy Period
At 12:01 AM Standard Time at the named insured's mailing address,
NOT at the location of the business
,3. Form of Business
4. Premium at Inception
5. Endorsements attached to the BAP
"Auto" means: - ✔✔1. A land motor vehicle; trailer or semitrailer designed for travel on
public roads
2. Land vehicle subject to a compulsory, financial responsibility, or other motor
vehicle insurance law where licensed or principally garaged
3. Does not include mobile equipment as defined
"Mobile equipment" means any of the following types of land vehicles, including any
attached
machinery or equipment: - ✔✔Vehicles maintained primarily for purposes
other than the transportation of persons or cargo
However, self‐propelled vehicles with the
following types of permanently attached equipment are not "mobile equipment" but will be
considered "autos": - ✔✔1. Self‐propelled vehicles with permanently attached equipment
primarily
designed for:
(a) Snow removal
(b) Road maintenance, but not construction or resurfacing
,(c) Street cleaning
2. Cherry pickers and similar devices mounted on automobile or truck chassis
3. Self‐propelled vehicles with permanently attached air compressors, pumps
and generators, etc.
Description Of Covered Autos Designation Symbols - ✔✔Numerical symbols are used to
designate which autos are covered autos for the various
coverages provided by the BAP.
One or more symbols must be shown on the Declarations to
trigger coverage as a covered auto.
Symbol 1 - Any Auto - ✔✔Liability coverage for ANY auto
Broadest liability coverage
Symbol 2 - Owned Autos Only - ✔✔1) Triggers coverage for all owned autos at the inception
of the policy as well
as automatic coverage for autos where ownership is acquired during the
policy period
2) liability, medical payments, Uninsured/
Underinsured Motorists coverage (UM/UIM), and physical damage
coverage
3) liability coverage for non‐owned trailers while attached to
owned autos
, Symbol 3 - Owned Private Passenger Autos Only - ✔✔1) Triggers coverage for private
passenger autos owned at the inception of
the policy as well as automatic coverage for autos (of the same type)
acquired during the policy period
2)liability, medical payments, UM/UIM, and physical
damage coverage, towing and labor
3) BAP does not define private passenger auto
Symbol 4 - Owned Autos Other Than Private Passenger Autos Only - ✔✔1) Triggers coverage
for autos, other than private passenger, owned at the
inception of the policy as well as automatic coverage for autos (of the same
type) acquired during the policy period
2) Can be used to provide liability, medical payments, UM/UIM, and physical
damage coverage
3) BAP does not define private passenger auto
Symbol 5 - Owned Autos Subject To No‐fault - ✔✔Used for owned autos that are required
to have and cannot reject no‐fault
benefits because of state law in the state where they are licensed or
garaged
Includes newly acquired autos if they are subject to the law
Symbol 6 - Owned Autos Subject To A Compulsory Uninsured Motorists Law - ✔✔Used for
owned autos that are required to have and cannot reject
uninsured motorist coverage because of state law in the state where they
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