Exam (elaborations)
Caib 2 - Chapter 4 (From Ibabc) Questions And Answers With Verified Solutions {GRADED A+}
- Course
- Institution
Caib 2 - Chapter 4 (From Ibabc) Questions And Answers With Verified Solutions {GRADED A+}
[Show more]
Content preview
Caib 2 - Chapter 4 (From Ibabc)Questions And Answers With Verified
Solutions {GRADED A+}
1) Endorsement;
2) Rider;
3) Separate policy. - ANSWER✔✔The three ways a change to a commercial
property policy can be made.
Changes the terms or conditions of the policy. - ANSWER✔✔"Endorsement."
Adds coverages to the policy. - ANSWER✔✔"Rider."
The materials, including disks, tapes and punch cards on which data is stored. -
ANSWER✔✔"Media."
The information stored on media. - ANSWER✔✔"Data."
1) At any location specified in the policy;
2) In transit;
3) At any location owned, rented or wholly or partly controlled by the insured. -
ANSWER✔✔Three instances in which insured property is not deemed to be at a
temporary location.
Automatic coverage up to 30 days for equipment and stock at any newly-acquired
location owned, rented or wholly or partly controlled by the insured.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller classhub. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76799 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now