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Bundle for CIC Commercial Property/Casulaty Exams Compilation with Complete & Updated Solutions| 100% Success
Bundle for CIC Commercial Property/Casulaty Exams Compilation with Complete & Updated Solutions| 100% Success
[Show more]Bundle for CIC Commercial Property/Casulaty Exams Compilation with Complete & Updated Solutions| 100% Success
[Show more]CIC Commercial Property - Inland Marine Coverage 
Exam Questions and Answers 
What is Commercial Inland Marine? - Answer ️️ Imports, Exports, Domestic 
Shipments, Instrumentalities for Transportation, Personal Property Floater and 
Commercial Floater 
Two types of property that can be included o...
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Add to cartCIC Commercial Property - Inland Marine Coverage 
Exam Questions and Answers 
What is Commercial Inland Marine? - Answer ️️ Imports, Exports, Domestic 
Shipments, Instrumentalities for Transportation, Personal Property Floater and 
Commercial Floater 
Two types of property that can be included o...
CIC Commercial Property Exam Prep 
Questions with Complete Answers 
Endorsements used to modify coverage extensions (6) - Answer ️️ 1. newly 
acquired or constructed property - increased limit 
2. higher limits 
3. specified bpp temporarily away from premises 
4. additional covered property 
5. ...
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Add to cartCIC Commercial Property Exam Prep 
Questions with Complete Answers 
Endorsements used to modify coverage extensions (6) - Answer ️️ 1. newly 
acquired or constructed property - increased limit 
2. higher limits 
3. specified bpp temporarily away from premises 
4. additional covered property 
5. ...
CIC Commercial Property Causes of loss forms ch 2 Exam 
2.1 Given a loss situation, determine whether or not a loss is covered by the Basic, 
Broad, or Special Causes of Loss Forms and give reasons for your answer - 
Answer ️️ Basic Form CP1010 
Broad Form* 
FLEWSARV LSV 
Fire* 
Lightning* 
Expl...
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Add to cartCIC Commercial Property Causes of loss forms ch 2 Exam 
2.1 Given a loss situation, determine whether or not a loss is covered by the Basic, 
Broad, or Special Causes of Loss Forms and give reasons for your answer - 
Answer ️️ Basic Form CP1010 
Broad Form* 
FLEWSARV LSV 
Fire* 
Lightning* 
Expl...
CIC COMMERCIAL PROPERTY EXAM 
QUESTIONS & ANSWERS 
What are commercial property loss exposures - Answer ️️ Buildings, personal property of 
owner, others and off premises, business income. 
What are some causes of loss - Answer ️️ Fire, accident, weather, crime and disaster. 
What should be ...
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Add to cartCIC COMMERCIAL PROPERTY EXAM 
QUESTIONS & ANSWERS 
What are commercial property loss exposures - Answer ️️ Buildings, personal property of 
owner, others and off premises, business income. 
What are some causes of loss - Answer ️️ Fire, accident, weather, crime and disaster. 
What should be ...
CIC - Commercial Casualty Institute Exam 
Questions and Answers 
Identify the Specific Rights & Responsibilities of the First Named Insured 
(Objective #1) - Ans ️️ 1- Cancel Policy 
2- Receive Notice of Cancellation 
3- Make Changes to Policy (with Insurer Consent) 
4- Payment of Premiums 
5- P...
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Add to cartCIC - Commercial Casualty Institute Exam 
Questions and Answers 
Identify the Specific Rights & Responsibilities of the First Named Insured 
(Objective #1) - Ans ️️ 1- Cancel Policy 
2- Receive Notice of Cancellation 
3- Make Changes to Policy (with Insurer Consent) 
4- Payment of Premiums 
5- P...
1x sold
CIC Commercial Casualty CGL Exam 
Questions and Answer 
6 Casualty exposures covered by CGL policy - Answer ️️ Premises, Business 
operations, Products, Completed operations, Contractual, Contingent/vicarious 
Premises types in CGL - Answer ️️ Any location owned, rented, leased, 
borrowed, o...
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Add to cartCIC Commercial Casualty CGL Exam 
Questions and Answer 
6 Casualty exposures covered by CGL policy - Answer ️️ Premises, Business 
operations, Products, Completed operations, Contractual, Contingent/vicarious 
Premises types in CGL - Answer ️️ Any location owned, rented, leased, 
borrowed, o...
CIC Commercial Property Exam Questions 
with Complete Solutions 
Learning Objective 1A - Rights and Duties of the first Named Insured - 
Answer️️ 1. Authorization to Cancel 
2. Receive Cancellation 
3. Make Changes with Insurer Consent 
4. Responsible for Payment of Premium 
5. Payee (Receiver) ...
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Add to cartCIC Commercial Property Exam Questions 
with Complete Solutions 
Learning Objective 1A - Rights and Duties of the first Named Insured - 
Answer️️ 1. Authorization to Cancel 
2. Receive Cancellation 
3. Make Changes with Insurer Consent 
4. Responsible for Payment of Premium 
5. Payee (Receiver) ...
CIC Commercial Property II Causes of Loss 
Exam Questions and Answers 
Peril - Ans ️️ Synonymous with "Causes of Loss" 
Burden of proof in Open Causes of Loss Form - Ans ️️ Burden falls on insurer 
Burden of proof in Named Causes of Loss form - Ans ️️ Insured has burden of 
proof 
Cove...
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Add to cartCIC Commercial Property II Causes of Loss 
Exam Questions and Answers 
Peril - Ans ️️ Synonymous with "Causes of Loss" 
Burden of proof in Open Causes of Loss Form - Ans ️️ Burden falls on insurer 
Burden of proof in Named Causes of Loss form - Ans ️️ Insured has burden of 
proof 
Cove...
1x sold
CIC Commercial Multi-Line Exam Questions and Answers 
Describe how inland marine insurance started - Answer ️️ -evolved from ocean 
marine 
-filled gap in coverage as good transitioned from ocean marine 
-cover goods in transit over land 
Does inland marine also apply to instruments of transport...
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Add to cartCIC Commercial Multi-Line Exam Questions and Answers 
Describe how inland marine insurance started - Answer ️️ -evolved from ocean 
marine 
-filled gap in coverage as good transitioned from ocean marine 
-cover goods in transit over land 
Does inland marine also apply to instruments of transport...
Preview 2 out of 5 pages
Add to cartCIC Commercial Multiline Section 3 Crime 
Exam Questions and Answers 
Identify the reasons for purchasing commercial crime insurance based on the 
exclusions and limitations of the Building and Personal Property Coverage Form 
with Causes Of Loss- Special Form - Answer ️️ Commercial Property pol...
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Add to cartCIC Commercial Multiline Section 3 Crime 
Exam Questions and Answers 
Identify the reasons for purchasing commercial crime insurance based on the 
exclusions and limitations of the Building and Personal Property Coverage Form 
with Causes Of Loss- Special Form - Answer ️️ Commercial Property pol...
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