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Ethics 312 - & The CPCU Code Of Professional Conduct Questions And Answers With Verified Solutions Already Passed!!! $10.99   Add to cart

Exam (elaborations)

Ethics 312 - & The CPCU Code Of Professional Conduct Questions And Answers With Verified Solutions Already Passed!!!

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  • Course
  • CPCU
  • Institution
  • CPCU

Ethics 312 - & The CPCU Code Of Professional Conduct Questions And Answers With Verified Solutions Already Passed!!!

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  • August 13, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CPCU
  • CPCU
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Ethics 312 - & The CPCU Code Of
Professional Conduct Questions And
Answers With Verified Solutions Already
Passed!!!
Applicants - ANSWER✔✔ CPCU student who has submitted a matriculation form
that hasn't yet been approved


Matriculation - ANSWER✔✔ process of registering as a CPCU candidate


Candidates - ANSWER✔✔ CPCU student whose matriculation application has
been approved


Designees - ANSWER✔✔ person who's earned CPCU designation, regardless of
whether he/she has officially become a CPCU (waiting for conferment may also be
referred to as CPCUs)


CPCUs - ANSWER✔✔ person who currently holds the CPCU designation


Canons - ANSWER✔✔ broad aspirational goals of CPCU conduct, establish
standards of professional conduct. They also express the general concepts and
principles from which the more specific Rules are derived.


Rules - ANSWER✔✔ specific, enforceable standards that prescribe minimum
levels of required professional CPCU conduct, mandatory and enforceable
because sanctions may be imposed on any CPCU or candidate found guilty of a
Rule violation.

, Advisory Opinions - ANSWER✔✔ written interpretation of CPCU code of
professional conduct provided by board of ethical inquiry


Board of Ethical Inquiry (BEI) - ANSWER✔✔ eight-member board, chaired by the
Ethics Counsel, responsible for implementing, establishing & approving CPCU
ethics policy.


Ethics Counsel - ANSWER✔✔ chair of board BEI who receives written complaints
of ethical violations, investigates complaints & presents facts to BEI for
consideration & communicates BEI recommendations to Ethics Policy committee
of board of trustees of american institute for CPCU & delivers verdicts


Ethics Policy Committee - ANSWER✔✔ committee of the board of trustees of the
american institute that reviews matters of policy relating to american institute
ethics activities & promulgates specific disciplinary procedures & penalties to be
used in enforcing code.


5 Sanctions imposed on CPCU - ANSWER✔✔ Private admonition
Reprimand
Censure
Suspension
Revocation


Canon 1 - ANSWER✔✔ Insurance professionals should endeavor to place the
public interest above their own.

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