Caib 2 exam - Study guides, Class notes & Summaries

Scheduled Coverage - correct answer Refer to policy on which coverage is provided only on that property which is specifically identified or scheduled Property of Every Description - correct answer Refers to policy used to insure buildings, stock and equipment under a single limit of insurance All Property (Blanket) - correct answer A policy which under all property owned by the insured is covered or "blanketed" by a single limit of insurance Tenant Improvement - correct answer ...

Scheduled Coverage - Refer to policy on which coverage is provided only on that property which is specifically identified or scheduled Property of Every Description - Refers to policy used to insure buildings, stock and equipment under a single limit of insurance All Property (Blanket) - A policy which under all property owned by the insured is covered or "blanketed" by a single limit of insurance Tenant Improvement - Building improvement, alteration and betterment made at the expense of...

Scheduled Coverage - correct answer refers to policy on which coverage is provided only on that property which is specifically identified or scheduled All Property - correct answer refers to policy used to insure building, equipment and stock under a single limit of Insurance Tenants Improvement - correct answer building improvements, alteration and betterments made at expense of or purchased by the insured to a building occupied by the insured and which are not otherwise insured, pr...

CAIB 2 Exam Questions and Answers 100% Pass Scheduled Coverage - Answer- refers to policy on which coverage is provided only on that property which is specifically identified or scheduled. All Property - Answer- refers to policy used to insure building, stock and equipment under a single limit of insurance. Tenants Improvements - Answer- building improvements, alterations and betterments made at the expense of or purchased by the insured to a building occupied by the insured and which are...

CAIB 2 exam questions and answers 2024

1. An application 2. Additional verbal information 3. Additional written information, including: previous policy premium, loss history and details, photos, and financial statements - correct answer An application and a submission are not the same thing. Identify three items that a submission may include 1. Completion of survey 2. Search for interested insurers 3. Meet with prospect, discuss quotes and select insurer 4. Request binding coverage from elected insurer 5. Review policy ...

Caib 2 Exam Questions With 100% Correct Answers

CAIB 2 EXAM Questions and Answers (2024/2025)(Verified Answers)

Caib 2 exam terms review

Scheduled Coverage Refer to policy on which coverage is provided only on that property which is specifically identified or scheduled Property of Every Description Refers to policy used to insure buildings, stock and equipment under a single limit of insurance All Property (Blanket) A policy which under all property owned by the insured is covered or "blanketed" by a single limit of insurance Tenant Improvement Building improvement, alteration and betterment made at the expense of or pur...