What must a cpp pol - Study guides, Class notes & Summaries

Part I What is a Modular Policy? - A modular policy is a policy consisting of several different documents, none of which by itself forms a complete contract. What is a Commercial Package Policy (CPP)? - A Commercial Package Policy is a modular policy that combines different forms and more than one line of coverage. What must a CPP policy consist of? - A Declaration Page (stating premium charges and coverage limits) -A Policy Conditions (six conditions that apply to the entire contract)...

ACV - Correct answer-Actual Cash Value ALE - Correct answer-Additional Living Expense CE - Correct answer-Continuing Education CGL - Correct answer-Commercial General Liability CIM - Correct answer-Commercial Inland Marine COM - Correct answer-Commercial Ocean Marine CPP - Correct answer-Commercial Property Policy DTPA - Correct answer-Deceptive Trade Practices Act HO - Correct answer-Home Owners IA - Correct answer-Independent Adjuster NI - Correct answer-Name Insured NOL - Correct a...