Caib 1 chapter 3 - Study guides, Class notes & Summaries

Chapter 3 caib 1 checkpoints and terms Question and answers rated A+ 2024 Identify 4 major exposures to loss for mobile homes - correct answer fire , windstorm, hail and transportation Outline the provisions of the Emergency Removal Expense coverage provided by the Mobile homeowners form 1157 - correct answer 5 % of total amount of insurance provided for transportation and disconnection of utilities within the limit of insurance and deductible doesn't apply to this coverage. Identify...

CAIB 3 Chapter 1 Questions with Verified Solutions Identify the two divisions in the Canadian Legal System Criminal Law Civil Law Should brokers always recommend clients questions concerning maters of law to a qualified legal practitioner? Yes Identify eight examples of criminal wrongs Certain uses of an automobile Possession and trafficking of drugs Murder Voluntary manslaughter Burglary, robbery and theft Price fixing Pollution of the air and water False advertising I...

CAIB 2 CHAPTER 4 QUESTIONS AND ANSWERS RATED A+ Breifly explain the fuctions or endorsements, riders, and separate policies 1. Endorsements; changes the terms or conditions of the insureds policy 2. Riders; adds additional coverage to those already in place 3. Separate policies; equipment breakdown insurance, computer crime, other specialized coverages often purchased separately but can be added to existing policy Identify the endorsement, rider or policy to respond to the following...

CAIB 3 Chapter 1 Exam Questions and Answers 100% Pass Identify the two divisions in the Canadian Legal System - Answer- Criminal Law Civil Law Should brokers always recommend clients questions concerning maters of law to a qualified legal practitioner? - Answer- Yes Identify eight examples of criminal wrongs - Answer- Certain uses of an automobile Possession and trafficking of drugs Murder Voluntary manslaughter Burglary, robbery and theft Price fixing Pollution of the air and water ...

CAIB 3 Chapter 3 Questions and Answers Rated A+ Identify, other than in Quebec two different systems used to insure automobiles in Canada 1. Private insurers 2. Compulsory government insurance plans Identify three types of Standard Policy Forms (SPF) that are used to insure vehicles SPF No 1. Owners Form SPF No 4. Standard garage automobile policy SPF No 6. Standard non-owned automobile policy Briefly explain what is meant by standard policy forms Policy forms developed by the ...

CAIB 3 Chapter 1 Exam Questions and Answers 100% Pass Identify the two divisions in the Canadian Legal System - Answer- Criminal Law Civil Law Should brokers always recommend clients questions concerning maters of law to a qualified legal practitioner? - Answer- Yes Identify eight examples of criminal wrongs - Answer- Certain uses of an automobile Possession and trafficking of drugs Murder Voluntary manslaughter Burglary, robbery and theft Price fixing Pollution of the air and water ...

Identify four perils that mobile homes are more susceptible to than conventional homes 1. Fire 2. Windstorms 3. Hail 4. Transportation Identify the purpose of "tie downs" Secure the unit to the foundation so that it remains stable during windstorms Explain the purpose of "dent clause" Excludes payment unless the exterior siding has been actually torn or punctured by the storm Identify 2 expenses included in the "Emergency Removal Expense" and state the amount available. 1. Discon...