RMIN 5100S Exam 2 Study Guide 2024 With Complete Solution

RMIN 5100S Exam 2 Study Guide 2024 With Complete Solution categories of commercial loss exposures -️️ property, personnel, liability, net income loss property loss -️️ - tangible: personal property, real estate -intangible: patent, copyright personnel loss -️️ death, disability, injury, retirement liability loss -️️ your responsibility to someone else for property damage, bodily injury, or net income loss net income loss -️️ reduction in income due to a direct loss commercial property loss exposures -️️ - types of property - COL to property - financial consequences of property losses types of property -️️ - real: building and land, anything permanently attached to the building; HVAC, wiring and plumbing; underground pipes, driveways, sidewalks - personal: contents (BPP, property of others), floating property, property in transit, property of others