Cic commercial property Study guides, Class notes & Summaries

CIC Commercial Property Exam

CIC Commercial Property I Coverage Forms and Endorsements Exam

CIC Commercial Property Exam Questions with Complete Solutions Learning Objective 1A - Rights and Duties of the first Named Insured - Answer️️ 1. Authorization to Cancel 2. Receive Cancellation 3. Make Changes with Insurer Consent 4. Responsible for Payment of Premium 5. Payee (Receiver) for Return Premium Learning Objective 1B - How does Coinsurance apply? - Answer️️ Amount Carried/Amount Required x Loss = Recovery-Deductible (Settlement) or "Did Have"/"Should Have" x Loss...

CIC Commercial Property IV Time Element Coverages and Endos Exam

CIC Commercial Property Exam Questions and Answers 2024.

CIC Class - Commercial Property

What are the components of a Common Policy Declarations Page - ANSWER-Named Insured Mailing Address Policy Period Business Description Premium Forms Applicable What are the Common Policy Conditions - ANSWER-Cancellations Changes Examination of books & records Inspection & surveys Premiums Transfer of your rights and duties under policy What are the five rights and duties of the First Named Insured - ANSWER-Authorized to cancel Receive Notice of Cancellation Make changes with I...

CIC Commercial Casualty CGL Exam Questions and Answer 6 Casualty exposures covered by CGL policy - Answer ️️ Premises, Business operations, Products, Completed operations, Contractual, Contingent/vicarious Premises types in CGL - Answer ️️ Any location owned, rented, leased, borrowed, or used for business Locations of business operations CGL - Answer ️️ On premises or away from premises Types of products covered by CGL - Answer ️️ Retail, wholesale, distributed, or manuf...