Caib 2 practice exa - Study guides, Class notes & Summaries
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Package deal for CAIB 2 Practice Exam Questions with 100% Correct Answers | Verified | Updated 2023-2024
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CAIB 2 Practice Exam Questions with 100% Correct Answers | Verified | Updated 2023-2024
CAIB 1 / CH 1 / SEC 1 / STUDY GUIDE WITH COMPLETE SOLUTIONS 2023-2024
CAIB 4 Exam | 105 Questions and Answers with Complete Solutions 2023-2024
CAIB 2 Exam | 78 Questions And Answers with Complete Solutions 2023-2024
CAIB 3 - Study Guide Questions With Complete
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CAIB 2 Practice Exam Questions with Verified Answers
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Waivers of Co-insurance clause are common on commercial property policies. What types of 
losses are applicable to this waiver of co-insurance? 
Is less than $5000 or Is less than 2% of the amount of insurance. (72,00 x 2%=1440) 
Identify 3 reasons why exclusions exist on commercial property policy. 
losses which are generally considered by insurers to be commercially insurable: 
1. Deliberate acts of violence -war, rebellion 
2. losses which are considered catastrophic, Earthquake, snow slides,...
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CAIB 2 Chapter 2 Practice Exam 1 (Quizzes & Ans)
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CAIB 2 Chapter 2 Practice Exam 1 (Quizzes & Ans)
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CAIB 2 Chapter 2 Practice Exam 1 (Quizzes & Ans).
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CAIB 2 Chapter 2 Practice Exam 1 (Quizzes & Ans).
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CAIB 2 Chapter 2 Practice Exam 1 with 100% verified solutions
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CAIB 2 Chapter 2 Practice Exam 1 with 
100% verified solutions 
What are three advantages using a fact find or survey? - answeri) Assists brokers when 
identifying potential losses 
ii) Assists brokers not to sell coverages client does not need 
iii) Assists brokers in collecting information needed by insurance companies 
What are three benefits of commercial property checklists and which is most important to 
brokers? - answeri) Assists brokers when identifying potential losses 
ii) Assists bro...
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CAIB 2 Chapter 2 Practice Exam 1 With 100% Correct Answers 2023-2024
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CAIB 2 Chapter 2 Practice Exam 1 With 100% Correct Answers
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CAIB 2 Chapter 2 Practice Exam 1 Questions and Answers 100% Pass
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CAIB 2 Chapter 2 Practice Exam 1 
Questions and Answers 100% Pass 
What are three advantages using a fact find or survey? - Answer- i) Assists brokers 
when identifying potential losses 
ii) Assists brokers not to sell coverages client does not need 
iii) Assists brokers in collecting information needed by insurance companies 
What are three benefits of commercial property checklists and which is most important 
to brokers? - Answer- i) Assists brokers when identifying potential losses 
ii) Assi...
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CAIB 2 Chapter 2 Practice Exam 1 Questions and Answers 100% Pass
- Exam (elaborations) • 2 pages • 2024
- Available in package deal
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- $10.49
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CAIB 2 Chapter 2 Practice Exam 1 
Questions and Answers 100% Pass 
What are three advantages using a fact find or survey? - Answer- i) Assists brokers 
when identifying potential losses 
ii) Assists brokers not to sell coverages client does not need 
iii) Assists brokers in collecting information needed by insurance companies 
What are three benefits of commercial property checklists and which is most important 
to brokers? - Answer- i) Assists brokers when identifying potential losses 
ii) Assi...
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CAIB 2 Chapter 2 Practice Exam 1-Answered 100% Correct
- Exam (elaborations) • 1 pages • 2023
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CAIB 2 Chapter 2 Practice Exam 1-Answered 100% Correct
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CAIB 2 Chapter 2 Practice Exam 1 Questions and Answers
- Exam (elaborations) • 2 pages • 2023
-
Available in package deal
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- $8.49
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What are three advantages using a fact find or survey? - Answer- i) Assists brokers when identifying potential losses 
ii) Assists brokers not to sell coverages client does not need 
iii) Assists brokers in collecting information needed by insurance companies 
 
What are three benefits of commercial property checklists and which is most important to brokers? - Answer- i) Assists brokers when identifying potential losses 
ii) Assists brokers to make sure coverages are not overlooked 
iii) Assists...
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