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CAIB Questions and Answers
CAIB Questions and Answers
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CAIB 3 Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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Civil Law : the body of law concerned with civil or private rights and remedies, as contrasted with criminal law which deals with wrongs against society. Tort : a private or civil wrong or injury, other than breach of contract, for which the court will provide a remedy in the form of an award...
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Add to cartCivil Law : the body of law concerned with civil or private rights and remedies, as contrasted with criminal law which deals with wrongs against society. Tort : a private or civil wrong or injury, other than breach of contract, for which the court will provide a remedy in the form of an award...
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CAIB 3 Chapter 3 Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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Identify, other than in Quebec two different systems used to insure automobiles in Canada : 1. Private insurers 2. Compulsory government insurance plans Identify three types of Standard Policy Forms (SPF) that are used to insure vehicles : SPF No 1. Owners Form SPF No 4. Standard garage autom...
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Add to cartIdentify, other than in Quebec two different systems used to insure automobiles in Canada : 1. Private insurers 2. Compulsory government insurance plans Identify three types of Standard Policy Forms (SPF) that are used to insure vehicles : SPF No 1. Owners Form SPF No 4. Standard garage autom...
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CAIB 2 - CHAPTER 2 Questions and Answers
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A proposal for insurance that's presented to the underwriter for consideration. It can include an application, and additional verbal and written information (i.e., previous policy premium, loss details and history, financial statements and photos). o :# "Submission." 1) Assists to identify ...
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Add to cartA proposal for insurance that's presented to the underwriter for consideration. It can include an application, and additional verbal and written information (i.e., previous policy premium, loss details and history, financial statements and photos). o :# "Submission." 1) Assists to identify ...
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CAIB 1 Practice Questions (100) Questions and Answers
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Consideration is... a. The law of insurance b. A promise between parties c. A contract's binding force d. An exchange of something of value o :# d. An exchange of something of value A stock company is... a. A company that invests in other companies b. A company owned by stockholders w...
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Add to cartConsideration is... a. The law of insurance b. A promise between parties c. A contract's binding force d. An exchange of something of value o :# d. An exchange of something of value A stock company is... a. A company that invests in other companies b. A company owned by stockholders w...
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CAIB 2 Questions and Answers
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Scheduled Coverage o :# refers to policy on which coverage is provided only on that property which is specifically identified or scheduled. All Property o :# refers to policy used to insure building, stock and equipment under a single limit of insurance. Tenants Improvements o :# building i...
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Add to cartScheduled Coverage o :# refers to policy on which coverage is provided only on that property which is specifically identified or scheduled. All Property o :# refers to policy used to insure building, stock and equipment under a single limit of insurance. Tenants Improvements o :# building i...
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