CIC Commercial Property II Causes of Loss Exam Questions and Answers

CIC Commercial Property II Causes of Loss Exam Questions and Answers Peril - Ans ️️ Synonymous with "Causes of Loss" Burden of proof in Open Causes of Loss Form - Ans ️️ Burden falls on insurer Burden of proof in Named Causes of Loss form - Ans ️️ Insured has burden of proof Covered perils under Basic Form - Ans ️️ Fire, Lightning, Explosion, Windstorm/Hail, Smoke, Aircraft/vehicles, Riot, Vandalism, Sprinkler leakage, Sinkhole, Volcano, Fungus Additional coverages under Broad Form, NOT on Basic Form - Ans ️️ Falling Objects, Weight of snow/ice, Water Damage, Collapse Additional coverages with Special Form NOT on Broad Form - Ans ️️ OPEN PERIL! Plus, Theft and Direct Physical Loss Types of fire - Ans ️️ Not defined in form, but courts have defined Friendly and Hostile Friendly fire peril - Ans ️️ Intentionally set, used as intended, not eligible for a claim (e.g. fire in pizza oven) Hostile fire peril - Ans ️️ Not set intentionally or breaks out of intended space or becomes hotter than expected