Bpp building coverage - Study guides, Class notes & Summaries
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AINS 103 (Latest 2023/ 2024 Update) Exploring Commercial Insurance Exam Review Questions and Verified Answers| 100% Correct| Grade A
- Exam (elaborations) • 18 pages • 2023
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AINS 103 (Latest 2023/ 2024 Update) Exploring Commercial Insurance Exam Review Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Which one of the following is one of the covered causes of loss in the commercial property policy Causes of Loss—Basic form? 
 
 
Answer: 
Vandalism 
 
 
 
Q: Billy owns a baseball souvenir store in Cooperstown, NY. He insured his store under a Building and Personal Property Coverage Form (BPP) with a $275,000 limit and a $1,500 deductible. A large fire in ...
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CIC Commercial Multi-line Exam Prep (100% Correct Answers)
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Distinguish between Covered Property and Property Not Covered under the 
Businessowners Coverage Form. correct answers Covered: 
Buildings: 
 Includes PP of landlord (common areas, furnished) 
 Covers Bridges, Retaining Walls, Wharves, Docks 
 Replacement Cost 
BPP: 
 Includes Property of Others (in CCC) 
 Exterior Building Glass 
 Replacement Cost 
 
Not Covered: 
Money/Securities 
Fences, radios, antennas, towers, signs (detached) plants 
Installed computers (in vehicles etc) 
Electroni...
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Property and Casualty Insurance Exam – Georgia Questions and Answers 100% Pass
- Exam (elaborations) • 110 pages • 2022
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Property and Casualty Insurance Exam – Georgia Questions and Answers 100% Pass BPP building coverage insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. 
HO limits of property at other residences the larger of $1000 or 10% Coverage C. Limit does not apply if property is moved because the residence premi...
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Property and Casualty Insurance Exam – Georgia correctly answered 2023 rated A+
- Exam (elaborations) • 59 pages • 2023
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Property and Casualty Insurance Exam – Georgia correctly answered 2023 rated A+BPP building coverage insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at other residences the larger of $1000 or 10% Coverage C. Limit does not apply if property is moved because the residence premis...
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CISR Insuring Commercial Property Exam 146 Questions with Answers,100% CORRECT
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CISR Insuring Commercial Property Exam 146 Questions with Answers 
 
Select the answer that most closely describes Actual Cash Value (ACV). - CORRECT ANSWER A method of establishing the value of property wherein depreciation and obsolescence are deducted from the value of the property. 
 
Select the answer that most closely describes Functional Replacement Cost. - CORRECT ANSWER A provision which changes the policy valuation so as to provide for replacement with a different structure which per...
Too much month left at the end of the money?
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AINS 103 Study Guide (Latest 2023/ 2024 Update) Exploring Commercial Insurance | Complete with Questions and Verified Answers| 100% Correct| Grade A
- Exam (elaborations) • 85 pages • 2023
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AINS 103 Study Guide (Latest 2023/ 2024 Update) Exploring Commercial Insurance | Complete with Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Marine insurance includes both ocean and inland marine coverage in the U.S. only 
 
 
Answer: 
TRUE 
 
 
 
Q: Disease thought to be caused by work or the work environment. 
 
 
Answer: 
Occupational disease 
 
 
 
Q: A description of the property insured would be located on the ________ _____ of a CPP 
 
 
Answer: 
Declarations page 
 
 
 
Q: ...
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Property and Casualty Insurance Exam – Georgia correctly answered 2023 rated A+
- Exam (elaborations) • 59 pages • 2023
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Property and Casualty Insurance Exam – Georgia correctly answered 2023 rated A+BPP building coverage 
insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. 
 
 
 
HO limits of property at other residences 
the larger of $1000 or 10% Coverage C. Limit does not apply if property is moved because the residen...
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AINS 23 Practice Final Exam (2024) Questions And Answers Rated A+ New Update Assured Satisfaction
- Exam (elaborations) • 23 pages • 2024
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Which one of the following lists the covered causes of loss (basic, broad, or special); the deductible 
amount; and any optional coverages? 
a. Commercial property conditions 
b. Commercial property declarations 
c. Causes of loss forms 
d. Commercial property coverage forms - Answer-b. Commercial property declarations 
Which one of the following is covered under the Building and Personal Property Coverage form (BPP) 
as business personal property? 
a. Completed additions to a building 
b. Perma...
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Georgia Property and Casualty Insurance Exam Questions and Correct Answers (Latest Update 2024/2025)
- Exam (elaborations) • 78 pages • 2024
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Georgia Property and Casualty Insurance Exam Questions and Correct Answers (Latest Update 2024/2025) 
BPP building coverage - Correct Answer insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. 
 
HO limits of property at other residences - Correct Answer the larger of $1000 or 10% Coverage C. Limit does n...
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AINS 23 Full Practice Exam Questions with Verified Solutions
- Exam (elaborations) • 27 pages • 2024
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AINS 23 Full Practice Exam Questions 
 
with Verified Solutions 
 
1) Clarence entered into a contract bond that guarantees his insulation work will be free from 
defects in materials and workmanship for a specified period of five years after completion of the 
work. The type of bond used by Clarence is a Maintenance bond. 
 
2) Which one of the following statements is correct with respect to ocean marine loss exposures? 
For cargo owners, the posibility of loss to the cargo exists either on boa...
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