Cic commercial mul - Study guides, Class notes & Summaries

CIC Commercial Multi-line Exam Prep-with 100% verified solutions -tutor verified

CIC Commercial Multiline Exam questions with correct answers

CIC COMMERCIAL MULTI-LINE EXAM PREP QUESTIONS AND ANSWERS Bailor- may have their own coverage on goods bailor policy will contain provision that prevents protection from any bailee Identify and apply Property Covered and Property Not Covered by this AAIS Builders Risk Coverage Form - Answer-Property Covered: Building/ Structure Materials to be permanetly installed backfilling, foundation, grading scaffolding temp. fencing + temp structures Property Not Covered: Contraband...

Identify the three primary Purposes of Excess liability & Umbrella liability policies. Excess Liab - LO1 CORRECT ANSWER 1. Provides additional limits that are excess over underlying limits of insurance. ie: Auto Loss 1.8M. 2. Provides primary coverage when underlying poliy does not respond beacuse its aggregate limits of insurance are exhausted. ie: 2 GL claims 500k each; 3rd claim of $300k w/b paid by EL. It would drop down and provide primary cov over exhausted limits. 3. Provides broader...

CIC Commercial Multiline Exam Questions and Answers 2024.

CIC Commercial Multi-line Exam Prep Questions Answers Distinguish between Covered Property and Property Not Covered under the Businessowners Coverage Form. - Answer ️️ Covered: Buildings: Includes PP of landlord (common areas, furnished) Covers Bridges, Retaining Walls, Wharves, Docks Replacement Cost BPP: Includes Property of Others (in CCC) Exterior Building Glass Replacement Cost Not Covered: Money/Securities Fences, radios, antennas, towers, signs (detached) plants Install...

CIC Commercial Multiline Exam Questions and Answers 2024 Update

CIC Commercial Multi-line Exam Prep-Solved Latest Update 2024 Distinguish between Covered Property and Property Not Covered under the Businessowners Coverage Form. - Answer -Covered: Buildings: Includes PP of landlord (common areas, furnished) Covers Bridges, Retaining Walls, Wharves, Docks Replacement Cost BPP: Includes Property of Others (in CCC) Exterior Building Glass Replacement Cost Not Covered: Money/Securities Fences, radios, antennas, towers, signs (detached) plants Insta...

CIC Commercial Multi-line Exam Prep-with 100% verified solutions -tutor verified

CIC Commercial Multi-line Exam Prep Questions with Complete Solutions Distinguish between Covered Property and Property Not Covered under the Businessowners Coverage Form. - Correct Answer Covered: Buildings: Includes PP of landlord (common areas, furnished) Covers Bridges, Retaining Walls, Wharves, Docks Replacement Cost BPP: Includes Property of Others (in CCC) Exterior Building Glass Replacement Cost Not Covered: Money/Securities Fences, radios, antennas, towers, s...