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California Commercial Insurance Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 10 pages • 2023
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What is a Modular Policy? - A modular policy is a policy consisting of several different documents, 
none of which by itself forms a complete contract. 
What is a Commercial Package Policy (CPP)? - A Commercial Package Policy is a modular policy that 
combines different forms and more than one line of coverage. 
What must a CPP policy consist of? - A Declaration Page (stating premium charges and coverage 
limits) 
A Policy Conditions (six conditions that apply to the entire contract) 
Two or mor...
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California Insurance Exam (ZoomBook by PMReview) Quizzes & Answers Graded A+
- Exam (elaborations) • 56 pages • 2023
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California Insurance Exam (ZoomBook by PMReview) Quizzes & Answers Graded A+
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California Commercial Insurance Exam (Note cards for the California commercial insurance exam. Every thing you need to know. Cards 01-33: Property Basics: Section 1 Cards 34-72: Commercial Coverage Part 1: Section 2 Cards 73-91: Commercial Coverage Part 2
- Exam (elaborations) • 35 pages • 2023
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California Commercial Insurance Exam (Note cards for the California commercial insurance exam. Every thing you need to know. Cards 01-33: Property Basics: Section 1 Cards 34-72: Commercial Coverage Part 1: Section 2 Cards 73-91: Commercial Coverage Part 2: Section 3 Cards 92-131: Commercial Coverage Part 3: Section 4 Cards 132-157: Commercial Auto: Section 5 Cards 158-191: Farm, Flood, and BOP: Section 6) Solved 100% Correct!!
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California Commercial Insurance Exam Questions With Complete Solutions.
- Exam (elaborations) • 8 pages • 2023
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California Commercial Insurance Exam Questions With Complete Solutions.
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California Commercial Insurance Exam with complete solutions
- Exam (elaborations) • 8 pages • 2023
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What is a Modular Policy? - ANSWER-A modular policy is a policy consisting of several different documents, none of which by itself forms a complete contract. 
 
What is a Commercial Package Policy (CPP)? - ANSWER-A Commercial Package Policy is a modular policy that combines different forms and more than one line of coverage. 
 
What must a CPP policy consist of? - ANSWER-A Declaration Page (stating premium charges and coverage limits) 
A Policy Conditions (six conditions that apply to the entire...
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California Commercial Insurance Exam 2023 Questions and Answers
- Exam (elaborations) • 37 pages • 2023
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In a commercial property policy, concealment, misrepresentation or fraud could cause a policy to: - ANSWER-Be voided, denied or cancelled. 
 
NOTE: This is a common condition in the commercial property policy 
 
Any licensed agent or broker may submit risks to the FAIR plan: - ANSWER-But there is no binding authority. 
 
NOTE: An agent never has binding authority with the FAIR plan. 
 
Under the Building and Personal Property coverage form, vacancy means: - ANSWER-Insufficient business property ...
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California Commercial Insurance Exam | Questions & Answers {100%}
- Exam (elaborations) • 12 pages • 2022
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California Commercial Insurance Exam 
What is a Modular Policy? (Ans) - A modular policy is a policy consisting of several 
different documents, none of which by itself forms a complete contract. 
What is a Commercial Package Policy (CPP)? (Ans) - A Commercial Package Policy 
is a modular policy that combines different forms and more than one line of coverage. 
What must a CPP policy consist of? (Ans) - A Declaration Page (stating premium 
charges and coverage limits) 
A Policy Conditions (six c...
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