Cip c12 - Study guides, Class notes & Summaries
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CIP C12 - Insurance on Property - Midterm Defining Property Insurance - CORRECT ANSWER--Protection against loss/damage to property -First party insurance -Premium exchanged for protection -Fortuitous losses (sudden and accidental) -Insurable interest -Int
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CIP C12 - Insurance on Property - Midterm 
Defining Property Insurance - CORRECT ANSWER--Protection against 
loss/damage to property 
-First party insurance 
-Premium exchanged for protection 
-Fortuitous losses (sudden and accidental) 
-Insurable interest 
-Intangible product 
Real vs Personal Property - CORRECT ANSWER-R: buildings or land (can't be 
moved) 
P: office desk or machinery (can be transported) 
Promise that Property Insurance is based on - CORRECT ANSWER--Insured
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CIP C12 Property - Chapter 1 Questions and Answers 100% Pass
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CIP C12 Property - Chapter 1 Questions and 
Answers 100% Pass 
Contracts made in province - Correct Answer ️️ -Signed, countersigned, issued or 
delivered in the province / committed to the post office / to any carrier, messenger or 
agent / to be delivered or handed over to the insured or insured's assign or agent in the 
province. 
Fire Insurance - Correct Answer ️️ -Insurance against loss of or damage to property 
through fire, lightening or explosion of coal or gas. 
Terms of insura...
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CIP C12 Insurance on Property - Chapter 10
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CIP C12 Insurance on Property - Chapter 
10
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CIP C12 Insurance on Property - Chapter 10 With complete solution
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CIP C12 Insurance on Property - Chapter 10
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CIP C12 - CH06 -Anatomy of a Property Policy_ Exclusions
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CIP C12 - CH06 -Anatomy of a Property Policy_ Exclusions
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CIP C120: Underwriting Essentials
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CIP C120: Underwriting Essentials
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CIP C12 - CH06 -Anatomy of a Property Policy: Exclusions
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CIP C12 - CH06 -Anatomy of a Property 
Policy: Exclusions
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CIP C12 Property - Chapter 1 Questions and Answers 100% Pass
- Exam (elaborations) • 7 pages • 2024
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CIP C12 Property - Chapter 1 Questions and 
Answers 100% Pass 
Contracts made in province - Correct Answer ️️ -Signed, countersigned, issued or 
delivered in the province / committed to the post office / to any carrier, messenger or 
agent / to be delivered or handed over to the insured or insured's assign or agent in the 
province. 
Fire Insurance - Correct Answer ️️ -Insurance against loss of or damage to property 
through fire, lightening or explosion of coal or gas. 
Terms of insura...
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CIP C12 Property - Chapter 1 Questions And Answers Already Graded A+
- Exam (elaborations) • 6 pages • 2024
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CIP C12 Property - Chapter 1 Questions And Answers Already Graded A+
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CIP C12 Property - Chapter 1 Questions And Answers Already Graded A+
- Exam (elaborations) • 6 pages • 2024
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CIP C12 Property - Chapter 1 Questions And 
Answers Already Graded A+
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