Caib 2 chapter 2 - Study guides, Class notes & Summaries

CAIB 2 - CHAPTER 6 Exam with correct Answers

CAIB 2 - CHAPTER 6 Exam with correct Answers

CAIB 2 STUDY NOTES CHAPTER 3 Question and answers correctly solved 2024 Identify three leading causes of fires in Canada - correct answer 1. Arson or suspected arson 2. Failure or malfunction of mechanical or electrical equipment 3. Misuse of source of ignition Identify what information is requied by law to apper on all insurance polcies - correct answer 1. Name of parties to the contract 2. Policy period 3. Loss payable of payee 4. Summary of insurance coverages and amounts fo...

CAIB 2 - CHAPTER 1 Questions and Answers (2024/2025)(Verified Answers)

CAIB 2 STUDY NOTES; CHAPTER 4

CAIB 2 STUDY NOTES; CHAPTER 1

CAIB 2 Chapter 2 Practice Exam 1 Already Graded A What are three advantages using a fact find or survey? i) Assists brokers when identifying potential losses ii) Assists brokers not to sell coverages client does not need iii) Assists brokers in collecting information needed by insurance companies What are three benefits of commercial property checklists and which is most important to brokers? i) Assists brokers when identifying potential losses ii) Assists brokers to make sure cove...

CAIB 2 - Chapter 5 exam 2024 with 100- correct answers.

CAIB 2 - Chapter 6 Exam Questions and Answers identify three types of crime losses to real property - Answer ️️ -vandalism malicious acts burglary and arson identify three reasons why some types of personal property become 'target items' - Answer ️️ - convertibility (the ease with which property can be converted to cash) value portability identify eight methods used by criminals which can result in loss to real and personal property - Answer ️️ --forced entry into building...