When it sustained 100k Study guides, Class notes & Summaries
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![CPCU 551 Exam Questions Compilation](/docpics/4727239/65f052cf5c9ae_4727239_121_171.jpeg)
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CPCU 551 Exam Questions Compilation
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CPCU 551 Exam Questions Compilation 
 
A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 
100K, 5K, and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What 
amount is covered under CPP? - 85K, 0, and 0. If a building is vacant for 60 or more 
consecutive days before the loss, they won't pay for any loss caused by vandalism, sprinkler 
leakage, building glass breakage, water damage, theft, or attempted theft... otherwise you'l...
![CPCU 551 Exam Questions Compilation | 262 Questions with 100% Correct Answers | Verified | 45 Pages](/docpics/2918432/648f16d0a492f_2918432_121_171.jpeg)
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CPCU 551 Exam Questions Compilation | 262 Questions with 100% Correct Answers | Verified | 45 Pages
- Exam (elaborations) • 45 pages • 2023
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A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 
100K, 5K, and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What 
amount is covered under CPP? - 85K, 0, and 0. If a building is vacant for 60 or more 
consecutive days before the loss, they won't pay for any loss caused by vandalism, sprinkler 
leakage, building glass breakage, water damage, theft, or attempted theft... otherwise you'll only 
get 85% 
Various building de...
![CPCU 551 Exam Compilation Questions with 100% Correct Answers | Verified | Latest Update](/docpics/5045960/662211cad6976_5045960_121_171.jpeg)
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CPCU 551 Exam Compilation Questions with 100% Correct Answers | Verified | Latest Update
- Exam (elaborations) • 46 pages • 2024
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- $12.48
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A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 
100K, 5K, and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What 
amount is covered under CPP? - 85K, 0, and 0. If a building is vacant for 60 or more 
consecutive days before the loss, they won't pay for any loss caused by vandalism, sprinkler 
leakage, building glass breakage, water damage, theft, or attempted theft... otherwise you'll 
only get 85% 
Various building de...
![CPCU 551 Exam Compilation Questions with 100% Correct Answers | Verified | Latest Update](/docpics/4819783/65fee0e45dfc6_4819783_121_171.jpeg)
-
CPCU 551 Exam Compilation Questions with 100% Correct Answers | Verified | Latest Update
- Exam (elaborations) • 46 pages • 2024
- Available in package deal
-
- $9.49
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CPCU 551 Exam Compilation Questions with 100% Correct Answers | Verified | Latest Update 
A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 100K, 5K, and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What 
amount is covered under CPP? - 85K, 0, and 0. If a building is vacant for 60 or more consecutive days before the loss, they won't pay for any loss caused by vandalism, sprinkler leakage, building glass breakage, water da...
![CPCU 551 Exam Questions and Correct Solutions 2024](/docpics/5385251/664c6dd5ba40b_5385251_121_171.jpeg)
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CPCU 551 Exam Questions and Correct Solutions 2024
- Exam (elaborations) • 22 pages • 2024
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- $12.49
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CPCU 551 Exam Questions and Correct 
Solutions 2024 
A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 100K, 5K, 
and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What amount is covered 
under CPP? - Answer -85K, 0, and 0. If a building is vacant for 60 or more consecutive days before the 
loss, they won't pay for any loss caused by vandalism, sprinkler leakage, building glass breakage, water 
damage, theft, or attempted ...
![CPCU 551 questions and answers 100% correct](/docpics/6443d25e1f928_2639249.jpg)
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CPCU 551 questions and answers 100% correct
- Exam (elaborations) • 23 pages • 2023
- Available in package deal
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- $19.49
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A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 100K, 5K, and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What amount is covered under CPP? 
85K, 0, and 0. If a building is vacant for 60 or more consecutive days before the loss, they won't pay for any loss caused by vandalism, sprinkler leakage, building glass breakage, water damage, theft, or attempted theft... otherwise you'll only get 85% 
 
 
 
Various building de...
![(2023/2024) State Farm Casualty Exam Questions with Correct Answers](/docpics/3081863/64b624917613e_3081863_121_171.jpeg)
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(2023/2024) State Farm Casualty Exam Questions with Correct Answers
- Exam (elaborations) • 10 pages • 2023
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- $12.99
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To be issued a business entity producer license by the commissioner the business entity must have how many partners or officers licensed as producers 
atleast 1 
The occurence form trigger is based on which of the following? 
the date where injury and damage occur 
How are surety bonds different from insurance? 
Surety bonds guarantee specific duties or obligations will be fulfilled and insurance pays for losses 
What is the deductible of a personal liability umbrella policy called? 
The SIR - s...
![CPCU 551|262 Study Questions With Answers|100% Correct](/docpics/3539397/651a6d56e1190_3539397_121_171.jpeg)
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CPCU 551|262 Study Questions With Answers|100% Correct
- Exam (elaborations) • 33 pages • 2023
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A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 100K, 5K, and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What amount is covered under CPP? - ️️85K, 0, and 0. If a building is vacant for 60 or more consecutive days before the loss, they won't pay for any loss caused by vandalism, sprinkler leakage, building glass breakage, water damage, theft, or attempted theft... otherwise you'll only get 85% 
 
Various building...
![(2023/2024) State Farm Casualty Exam Questions with Correct Answers](/docpics/3082124/64b62b97454fc_3082124_121_171.jpeg)
-
(2023/2024) State Farm Casualty Exam Questions with Correct Answers
- Exam (elaborations) • 10 pages • 2023
-
- $12.99
- + learn more
To be issued a business entity producer license by the commissioner the business entity must have how many partners or officers licensed as producers 
atleast 1 
The occurence form trigger is based on which of the following? 
the date where injury and damage occur 
How are surety bonds different from insurance? 
Surety bonds guarantee specific duties or obligations will be fulfilled and insurance pays for losses 
What is the deductible of a personal liability umbrella policy called? 
The SIR - s...
![CPCU 551 Exam Questions and Correct Solutions 2024](/docpics/5451721/6654971e13c29_5451721_121_171.jpeg)
-
CPCU 551 Exam Questions and Correct Solutions 2024
- Exam (elaborations) • 22 pages • 2024
-
- $12.99
- + learn more
CPCU 551 Exam Questions and Correct 
Solutions 2024 
A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 100K, 5K, 
and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What amount is covered 
under CPP? - Answer -85K, 0, and 0. If a building is vacant for 60 or more consecutive days before the 
loss, they won't pay for any loss caused by vandalism, sprinkler leakage, building glass breakage, water 
damage, theft, or attempted ...
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