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CIP EXAM PACKAGE DEAL GRADED A+
CIP EXAM PACKAGE DEAL GRADED A+
[Mostrar más]CIP EXAM PACKAGE DEAL GRADED A+
[Mostrar más]What word equates to the term "RESPONSIBILITY" as it is used in the insurance business? - - 
Liability. 
What are 3 categories used to classify the way in which the law imposes liability? - - Negligence. 
- Nuisance. 
- Breach of contract. 
What is a TORT? - - A civil wrong or injury recognized un...
Vista previa 2 fuera de 11 páginas
Añadir al carritoWhat word equates to the term "RESPONSIBILITY" as it is used in the insurance business? - - 
Liability. 
What are 3 categories used to classify the way in which the law imposes liability? - - Negligence. 
- Nuisance. 
- Breach of contract. 
What is a TORT? - - A civil wrong or injury recognized un...
1x vendido
1. Identify the two distinct legal systems used in Canada. - Quebec Civil Code and Common Law 
2. Why is common law also called "judge-made law"? - Common Law is based on precedent, on 
decisions made by judges in previous similar cases. 
3. What is the Civil Code of Quebec? - General law that con...
Vista previa 1 fuera de 4 páginas
Añadir al carrito1. Identify the two distinct legal systems used in Canada. - Quebec Civil Code and Common Law 
2. Why is common law also called "judge-made law"? - Common Law is based on precedent, on 
decisions made by judges in previous similar cases. 
3. What is the Civil Code of Quebec? - General law that con...
Definition #1 - An underwriter is an insurance professional employed to accept or reject risk on 
behalf of an insurer 
Definition #2 - An underwriter is an investor of shareholder capital 
Definition #3 - An underwriter is an insurance professional employed to implement an insurer's 
strategic pla...
Vista previa 2 fuera de 7 páginas
Añadir al carritoDefinition #1 - An underwriter is an insurance professional employed to accept or reject risk on 
behalf of an insurer 
Definition #2 - An underwriter is an investor of shareholder capital 
Definition #3 - An underwriter is an insurance professional employed to implement an insurer's 
strategic pla...
1x vendido
What does claims management encompass ? - 1. Handling individual claims 2. Departmental 
claims processes and procedures. 
(What term/s do the ) courts use to determine bad faith? - harsh, vindictive, reprehensible, highhanded, oppressive, malicious 
what benchmark are adjusters held to? - Utmost go...
Vista previa 3 fuera de 19 páginas
Añadir al carritoWhat does claims management encompass ? - 1. Handling individual claims 2. Departmental 
claims processes and procedures. 
(What term/s do the ) courts use to determine bad faith? - harsh, vindictive, reprehensible, highhanded, oppressive, malicious 
what benchmark are adjusters held to? - Utmost go...
5x vendido
Explain the economic laws of Supply and Demand, and explain why these laws do not strictly apply to 
automobile insurance. - pages 3-3 and 3-13. the economic theory of supply and demand proposes 
that more resources will be allocated to a product that increases revenue. The law of supply provides 
t...
Vista previa 2 fuera de 14 páginas
Añadir al carritoExplain the economic laws of Supply and Demand, and explain why these laws do not strictly apply to 
automobile insurance. - pages 3-3 and 3-13. the economic theory of supply and demand proposes 
that more resources will be allocated to a product that increases revenue. The law of supply provides 
t...
Contracts made in province - 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 - Insurance against loss of or ...
Vista previa 2 fuera de 5 páginas
Añadir al carritoContracts made in province - 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 - Insurance against loss of or ...
2x vendido
Areas of regulation for Intermediaries - Q-ualifaction (must pass test) 
O-peration of business (must follow requirements) 
L- Icences - Must have license 
L- icence Renewal - Renewed annual 
The Categories of insurance: - 1) Social 
-Workers Compensation 
2) Life and Health 
Life, accident and sick...
Vista previa 2 fuera de 13 páginas
Añadir al carritoAreas of regulation for Intermediaries - Q-ualifaction (must pass test) 
O-peration of business (must follow requirements) 
L- Icences - Must have license 
L- icence Renewal - Renewed annual 
The Categories of insurance: - 1) Social 
-Workers Compensation 
2) Life and Health 
Life, accident and sick...
1x vendido
Minimal Risk - The probability of harm or discomfort...not greater...than those ordinarily 
encountered in daily life or during the performance of routine physical or psychological examinations. 
The Belmont Principles -Respect for persons, beneficence, and justice 
IRB - An administrative body comp...
Vista previa 3 fuera de 25 páginas
Añadir al carritoMinimal Risk - The probability of harm or discomfort...not greater...than those ordinarily 
encountered in daily life or during the performance of routine physical or psychological examinations. 
The Belmont Principles -Respect for persons, beneficence, and justice 
IRB - An administrative body comp...
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