Commercial coverage b - Study guides, Class notes & Summaries
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RN VATI COMPREHENSIVE ASSMT 2023|2024 REAL EXAM 180 QUESTIONS AND 100% CORRECT ANSWERS
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***Download Test Bank Immediately After the Purchase. Just in case you have trouble downloading, kindly message me, and I will send it to you via Google Doc or email. Thank you*** 
 
The ATI RN Comprehensive Predictor Exam is a crucial tool for nursing students on the practical nursing track. This exam provides a detailed, comprehensive evaluation of a student's knowledge and abilities before they take the NCLEX-RN. The ATI RN Comprehensive Predictor Exam Guide offer a wide range of practice que...
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AINS 103 (Latest 2023/ 2024 Update) Exploring Commercial Insurance Exam Review Questions and Verified Answers| 100% Correct| Grade A
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AINS 103 (Latest 2023/ 2024 Update) Exploring Commercial Insurance Exam Review Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Which one of the following is one of the covered causes of loss in the commercial property policy Causes of Loss—Basic form? 
 
 
Answer: 
Vandalism 
 
 
 
Q: Billy owns a baseball souvenir store in Cooperstown, NY. He insured his store under a Building and Personal Property Coverage Form (BPP) with a $275,000 limit and a $1,500 deductible. A large fire in ...
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CIC - Commercial Casualty Questions And Verified Correct Answers
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CIC - Commercial Casualty Questions And 
Verified Correct Answers 
What are the three basic parts of a CGL policy? - ANSWER Declarations, 
Coverage Form, & Endorsements 
What are the four parts of the CGL declarations? - ANSWER Named 
insured, mailing address, policy period; limits; form of business; business 
description 
What are the five sections of the CGL coverage form? - ANSWER 
Coverages, Who Is an Insured, Limits, Conditions, & Definitions 
What are the three CGL coverages? - ANSWER...
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OREGON STATE PROPERTY AND CASUALTY EXAM PREP QUESTIONS AND ANSWERS 2024
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The Occurrence form 
it doesn't matter when the loss is reported, but the date the loss occurred must be during the policy period. 
 
 
 
The Supplemental Extended Reporting Period 
The cost of the endorsement may be up to 200% of the CGL's annual premium. This is a one-time charge and is fully earned at issuance. 
 
 
 
Product liability would cover 
Product liability applies to bodily injury the product causes away from the insured's premises. A customer contracting food poisoning is a perf...
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Alberta General Insurance Level 1 – Questions and Answers Already Passed
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Alberta General Insurance Level 1 – 
Questions and Answers Already Passed 
 
Your insured, a sole proprietor, purchased a building valued at $1 million. The insurance policy 
has a coinsurance clause based on the replacement cost value of 90%. Contrary to your advice, 
your insured insures the building for only $500,000. He suffers a windstorm loss totaling 
$150,000. How much will the insurer pay? 
 
a) $75,000 
b) $83,333 
c) $150,000 
d) $93.755 b) $83,333 
 
An insured property is covered ...
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Connecticut Casualty Adjuster for All Lines Questions and Answers Already Passed
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Connecticut Casualty Adjuster for All Lines Questions and Answers Already Passed 
Which of the following professional liability policies would also cover bodily injury damages? Architects and Engineers E&O Insurance agents E&O Lawyers E&O Fiduciary Legal Liability Architects and Engineers E&O 
A person, firm, or corporation that, for compensation, acts on behalf of an insured in negotiating the settlement of certain claims for loss or damage to property is known as a/an: independent adjuster spe...
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ADJUSTER PRO EXAM WITH REVISED ANSWERS (2023)
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ADJUSTER PRO EXAM WITH REVISED 
ANSWERS (2023) 
Stu has a collection of rare comic books. He wants to purchase theft insurance for his 
collection, separate from his home and other property. What term most accurately 
describes the type of policy Stu would purchase? - CORRECT ANSWER-Monoline 
Policy 
Which of the following statements does NOT apply to the Standard Fire Policy? - 
CORRECT ANSWER-It automatically covers wind and vandalism. 
Which of the following refers to being restored to the ...
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AINS 101 Questions With 100% Accurate Review Solution Answers 2023-2024
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AINS 101 Questions With 100% Accurate Review Solution Answers 
 
Which of the following is an example of a legal requirement for individuals that could be met through 
insurance? 
a. contributing to the growth of the organization 
b. paying for losses 
c. obtaining personal auto insurance 
d. providing a source of investment funds - ANS-c. obtaining personal auto insurance 
A fire destroys the kitchen in Rob and Laurie's home. Which insurance policy would provide coverage for 
the damage? 
a...
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Personal Lines Insurance Practice Exam Questions and Answers Latest 2024-2025 | 100% Correct.
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Personal Lines Insurance Practice Exam Questions and Answers Latest | 100% Correct. Bobby, age 16, borrows his parents' car without their permission and gets into an 
accident. Which of the following statements about coverage under the parents' 
personal auto policy is CORRECT? 
A) Bobby is covered by his parents' policy because he is included in the definition 
of named insured. 
B) Bobby is not covered for this accident because he used the car without 
permission. 
C) Bobby is not covered ...
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Property & Casualty - Mike Russ Practice Test Questions With Complete Solutions
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Insurance broker means a person who, for compensation and on behalf of another person, transacts insurance other than life with, but not on behalf of, an insurer. 
True or False? correct answer: False - An insurance broker is a specialist in insurance and risk management. Brokers act on behalf of their clients and provide advice in the interests of their clients. 
 
Transacting insurance includes: 
A. Execution of a contract of insurance 
B. All of the choices 
C. Solicitation 
D. Negotiation c...
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