Rmin 5100s exam guide - Study guides, Class notes & Summaries

categories of commercial loss exposures - property, personnel, liability, net income loss property loss - - tangible: personal property, real estate -intangible: patent, copyright personnel loss - death, disability, injury, retirement liability loss - your responsibility to someone else for property damage, bodily injury, or net income loss net income loss - reduction in income due to a direct loss

RMIN 5100S Exam 2 Study Guide 2024 With Complete Solution categories of commercial loss exposures -Correct Answer-property, personnel, liability, net income loss property loss -Correct Answer-- tangible: personal property, real estate -intangible: patent, copyright personnel loss -Correct Answer-death, disability, injury, retirement liability loss -Correct Answer-your responsibility to someone else for property damage, bodily injury, or net income loss net income loss -Correct Answer-re...

RMIN 5100S exam 2 study guide 2024 with complete solution categories of commercial loss exposures property, personnel, liability, net income loss property loss - tangible: personal property, real estate -intangible: patent, copyright personnel loss death, disability, injury, retirement liability loss your responsibility to someone else for property damage, bodily injury, or net income loss net income loss reduction in income due to a direct loss commercial property loss exposures...

RMIN 5100S exam 2 study guide 2024 with complete solution categories of commercial loss exposures property, personnel, liability, net income loss property loss - tangible: personal property, real estate -intangible: patent, copyright personnel loss death, disability, injury, retirement liability loss your responsibility to someone else for property damage, bodily injury, or net income loss net income loss reduction in income due to a direct loss commercial property loss exposures...

Liability is the same as... - Casualty Risk Manager - Insured- the buyer of insurance; must evaluate risks and determine best approach to manage risks Agent or Broker - Intermediary- facilitates the purchase of insurance. Advance Insured. Negotiates with insurer Underwriter - Insurer- provides insurance coverage aka the insurance company