CIC Commercial Property Bundled Exams Questions and Answers 100% Verified and Updated 2024 | All Graded A

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...

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...

CIC 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...

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...

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...

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...

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 ...