Cisr commercial property - Study guides, Class notes & Summaries

CISR Insuring Commercial Property – Q/A

CISR Insuring Commercial Property, Exam Review Questions and answers, rated A+ Select the answer that most closely describes Actual Cash Value (ACV). - -A method of establishing the value of property wherein depreciation and obsolescence are deducted from the value of the property. Select the answer that most closely describes Functional Replacement Cost. - -A provision which changes the policy valuation so as to provide for replacement with a different structure which performs the...

Commercial Casualty II – CISR Exam Questions and Answers 100% Pass In BAP what does liability section provide protection from claims for? - Correct Answer ️️ -Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - Correct Answer ️️ - provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - Correct Answer ️️ - Medical payment...

Commercial Property CISR – Q’s & A’s

CISR Agency Operations Self Quiz 50 Questions with Answers Which one of the following best describes actual authority? - CORRECT ANSWER When the agency is expressly given authority in the agency contract Which one of the following statements best describes the standard of care an insurance agency owes an insurance company? - CORRECT ANSWER Loyalty, good faith, reasonable care and contractual duties Which one of the following is not one of the four benefits of ethical behavior? - CORRE...

Commercial Casualty II – CISR Questions And Answers GRADED A!!! In BAP what does liability section provide protection from claims for? Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? Medical payments personal injury protection uninsured/underinsured motorist bodily in...

Commercial Casualty II – CISR Questions And Answers GRADED A!!! In BAP what does liability section provide protection from claims for? Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? Medical payments personal injury protection uninsured/underinsured motorist bodily in...

CISR Property Exam Questions and Answers 100% Pass real property - Correct Answer ️️ -comprised of buildings, structures, and fixtures that are tangible, can be seen Land - Correct Answer ️️ -real property, but is generally not the subject of insurance buildings - Correct Answer ️️ -real property, have walls and a roof structures - Correct Answer ️️ -any construction, including buildings examples of structures that are not buildings - Correct Answer ️️ -three-sided lum...

Commercial Casualty II – CISR Questions And Answers GRADED A!!! In BAP what does liability section provide protection from claims for? Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? Medical payments personal injury protection uninsured/underinsured motorist bodily in...