Exam (elaborations)
CISR Personal Residential Property With Questions And 100% ALL DETAILED CORRECT ANSWERS
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CISR Personal Residential Property With Questions And 100% ALL DETAILED CORRECT ANSWERS
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JACKLINECISR Personal Residential Property With Questions And 100% ALL DETAILED CORRECT
ANSWERS
Terms in this set (114)
property's replacement cost value less depreciation according to the age of the property or
Actual Cash Value
results in a reduction in value for normal wear and tear of the property just prior to the loss
Beneficiary a party that receives a trust's assets when a trustor dies
individuals who rent rooms in a dwelling occupied by other boarders and/or the dwelling's
Boarders/Roomers
owner; inhabitants share common spaces and kitchen facilities
Conditional Contract the insured must abide by the terms of the policy for the policy contract to be enforceable
Conditions obligations required of an insured and insurance company to carry out other policy provisions
Co-Ownership dwellings owned by two individuals
the part of a policy that identifies the named insured, and includes an address, the policy period,
Declarations Page
the insured location, policy limits, and any other key information peculiar to the insured
Dwelling a house's structure and things such as garages, decks, or porches attached to that structure
Dwelling under Construction dwellings in the course of construction
1/8
, Endorsement CISR Personal Residential Property
amendment or addition to language in a policy contract that affects coverage
2/8
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