Caib 1 chapter 2 Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Caib 1 chapter 2? On this page you'll find 233 study documents about Caib 1 chapter 2.
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![CAIB 1 Chapter 3 Questions and Answers Already Passed](/docpics/4700422/65eb789bed325_4700422_121_171.jpeg)
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CAIB 1 Chapter 3 Questions and Answers Already Passed
- Exam (elaborations) • 12 pages • 2024
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CAIB 1 Chapter 3 Questions and 
Answers Already Passed 
 
Identify four perils that mobile homes are more susceptible to than conventional homes 1. 
Fire 
2. Windstorms 
3. Hail 
 
4. Transportation 
 
Identify the purpose of "tie downs" Secure the unit to the foundation so that it remains stable 
during windstorms 
 
Explain the purpose of "dent clause" Excludes payment unless the exterior siding has been 
actually torn or punctured by the storm 
 
Identify 2 expenses included in the "Emer...
![CAIB 2 Chapter 1 Questions and Answers (2024/2025)(Verified Answers)](/docpics/5728742/667e90ecaf2c1_5728742_121_171.jpeg)
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CAIB 2 Chapter 1 Questions and Answers (2024/2025)(Verified Answers)
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CAIB 2 Chapter 1 Questions and Answers (2024/2025)(Verified Answers) 
 
 
The three amounts to be considered when calculating the amount of payment as outlined in the Indemnity Agreement are: 
1) the value of the lost or damaged property (ACV) 
 
2) the interest of the insured in the property (ex. financial interest, home, mortgage) 
 
3) the amount of insurance specified on the "Declarations Page" for the loss or damaged property (least amount|) 
 
 
Identify the four categories that building...
![CAIB 2 Chapter 1 Practice exam 1 Questions and Answers (2024/2025)(Verified Answers)](/docpics/4166597/659b17aa87626_4166597_121_171.jpeg)
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CAIB 2 Chapter 1 Practice exam 1 Questions and Answers (2024/2025)(Verified Answers)
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CAIB 2 Chapter 1 Practice exam 1 Questions and Answers (2024/2025)(Verified Answers)
![CAIB 2 Chapter 5 Practice Test 1 Questions and Answers (2024/2025)(Verified Answers)](/docpics/4166625/659b18a3726a6_4166625_121_171.jpeg)
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CAIB 2 Chapter 5 Practice Test 1 Questions and Answers (2024/2025)(Verified Answers)
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CAIB 2 Chapter 5 Practice Test 1 Questions and Answers (2024/2025)(Verified Answers)
![CAIB 4 Chapter 2 Questions and Answers Rated A+](/docpics/4707804/65ecd5cd8411f_4707804_121_171.jpeg)
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CAIB 4 Chapter 2 Questions and Answers Rated A+
- Exam (elaborations) • 17 pages • 2024
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CAIB 4 Chapter 2 Questions and 
 
Answers Rated A+ 
 
Organizing involves determining the way the brokerage's activities will be divided into 
measurable units. Identify the three elements to organizing effectively. 1. Creating an 
Organizational Structure 
2. Defining Employee Relationships 
3. Establishing Position Descriptions 
 
The organizational structure is the skeleton upon which the brokerage grows and interacts. The 
structure also defines who has authority and responsibility for acti...
CAIB 2 Chapter 2 Practice Exam 1 (Quizzes & Ans)
![CAIB 1 CHAPTER 1 QUESTIONS AND ANSWERS RATED A+](/docpics/4700558/65eb7ba51517f_4700558_121_171.jpeg)
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CAIB 1 CHAPTER 1 QUESTIONS AND ANSWERS RATED A+
- Exam (elaborations) • 17 pages • 2024
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CAIB 1 CHAPTER 1 QUESTIONS AND 
 
ANSWERS RATED A+ 
 
Identify 4 possible options to deal with Risk , describe each Control the Risk ( loss control 
measures) 
Avoid the Risk ( rent Rather than buy ) 
Retain the risk ( self insurance or share risk through deductibles) 
Transfer the Risk ( purchase insurance ) 
 
Out of the 4 means of managing risk, which is the most practical? Transfer of Risk 
 
Identify the 5 elements required in all types of contracts Agreement , Consideration , 
Legality of ...
![CAIB 1 Chapter 6 Questions and Answers Graded A+](/docpics/4700431/65eb78d846f59_4700431_121_171.jpeg)
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CAIB 1 Chapter 6 Questions and Answers Graded A+
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CAIB 1 Chapter 6 Questions and 
 
Answers Graded A+ 
 
What is the minimum limit of Third Party Liability available in your province? $200,000 
 
How does an insured show proof of financial responsibility in your province The "pink 
copy" of the certificate of registration 
 
Identify the Automobile coverages that are available in your province and indicate which are 
compulsory. Auto Policy Limits - $200,000 Bodily Injury - $180,000 Property Damage - 
$20,000 
All compulsory in Manitoba (6-4)...
![CAIB 2 Chapter 7 Practice Test 1 Graded A+](/docpics/4700297/65eb75cb56613_4700297_121_171.jpeg)
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CAIB 2 Chapter 7 Practice Test 1 Graded A+
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CAIB 2 Chapter 7 Practice Test 1 
 
Graded A+ 
 
Provide four sources of Business Interruption losses and an example of each. i) Physical 
damage to business 
example: Fire destroys business and customers cannot make purchases 
ii) Failure of public utilities 
example: Ice storm damages power lines and power cannot be restored for several 
weeks. This results in sales at the business to plummet 
iii) Transportation related accidents 
example: Railcar containing hazardous gas overturns causing ev...
CAIB 2 Chapter 1 Practice Exam 1 (Qs & As) 2024
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