CIC Commercial Casualty Exam-Questions with Correct Answers/
Verified/ Latest (2024/2025)
Auto Liability exclusions - ✔✔1) expected or intentional injury
2) contractual
* coverage provided if BI or PD occurs subsequent tot he execution of the contract or
agreement
* insureds liability that would have been there in the absence of contract or agreement
3) workers comp
4) employee indemnification & EL
* excludes BI to an employee
* excludes consequential BI to injured employees family member
5) care custody or control
6) handling of property
* coverage only for loading and unloading & while in transit
Liability exposures covered under CGL - ✔✔Coverage A - Bodily Injury & Property Damage
Coverage B - Personal & Advertising Injury
Coverage C - Medical Payments
Coverage A Includes - ✔✔Premises
premises, operations, products, completed operations, contractual & contingent liability
Coverage B Includes - ✔✔Operations & contingent liability
Coverage C Includes - ✔✔Premises & operations
Premises Liability - ✔✔Applies to owners, land lords, and tenants and arises out of the
ownership, maintenance or use of the insureds premises
,Business Operation Liability (Ongoing operations) - ✔✔Coverage for operations of an
organization including service and repair activities usually done at the premises of others
while the activity is being conducted.
Products Liability - ✔✔Arises out of the sale, distribution, or manufacture of the named
insureds product. Ex - named insured (store distributor) can be held liable if a customer is
injured by a food item, pharmaceutical item or product sold by named insured.
Completed Operations Liability - ✔✔Liability arises from activities involved in the operation
of an organization including service and repair. Ex - named insured installs water heater, it
leaks & causes damage to home owners flooring.
Contractual Liability - ✔✔Arises from one party assuming responsibility of another party. Ex
- lease agreements, construction contracts.
Contingent Liability - ✔✔Arises out of work performed for the named insured by someone
else. Ex - can protect a named insured from acts of others, such as independent contractors
Personal Injury Liability - ✔✔Liability arising out of intentional torts such as libel, wrongful
eviction.
Advertising Liability - ✔✔Liability caused by harm from such things as misappropriation of
advertising ideas, style of doing business or infringement of copyright
-Coverage applies to named offenses committed in the course of advertising the named
insured's goods, products, or services
Qualifying as a named insured - ✔✔1. Named insured (those listed on the declarations)
2. Automatic Insureds (those who qualify)
3. Automatic Insureds - those added by endorsement
, 1. Named Insured listed on the declarations - ✔✔a) an individual, you, your spouse are
insureds but only with the respect to the conduct of business of which you are the sole
owner
b) a partnership or joint venture
c) a limited liability company (LLC)
d) an organization other than a partnership
e) a trust
Executive officer - ✔✔a person holding any of the officer positions created by an
organization's charter, constitution, bylaws, or any other similar governing document
2. Automatic Insureds - ✔✔insured status for employee applies only for acts within the
scope of employment or while conducting the named insureds business.
Volunteer workers while performing duties related to named insureds business.
3) automatic insured by endorsement/newly acquired - ✔✔This does not include newly
acquired or formed partnerships, joint ventures or LLCs.
Who is an insured? - ✔✔1. Individual
- named indivdual, spouse
2. partnership or joint venture
-named partnership, joint venture, members, spouses
3. Limited Liability Company
- named LLC, Members, managers
4. Organization
- named entity, executive officers, directors, stockholders,
5. trust
- Named trust, trustees
Verified/ Latest (2024/2025)
Auto Liability exclusions - ✔✔1) expected or intentional injury
2) contractual
* coverage provided if BI or PD occurs subsequent tot he execution of the contract or
agreement
* insureds liability that would have been there in the absence of contract or agreement
3) workers comp
4) employee indemnification & EL
* excludes BI to an employee
* excludes consequential BI to injured employees family member
5) care custody or control
6) handling of property
* coverage only for loading and unloading & while in transit
Liability exposures covered under CGL - ✔✔Coverage A - Bodily Injury & Property Damage
Coverage B - Personal & Advertising Injury
Coverage C - Medical Payments
Coverage A Includes - ✔✔Premises
premises, operations, products, completed operations, contractual & contingent liability
Coverage B Includes - ✔✔Operations & contingent liability
Coverage C Includes - ✔✔Premises & operations
Premises Liability - ✔✔Applies to owners, land lords, and tenants and arises out of the
ownership, maintenance or use of the insureds premises
,Business Operation Liability (Ongoing operations) - ✔✔Coverage for operations of an
organization including service and repair activities usually done at the premises of others
while the activity is being conducted.
Products Liability - ✔✔Arises out of the sale, distribution, or manufacture of the named
insureds product. Ex - named insured (store distributor) can be held liable if a customer is
injured by a food item, pharmaceutical item or product sold by named insured.
Completed Operations Liability - ✔✔Liability arises from activities involved in the operation
of an organization including service and repair. Ex - named insured installs water heater, it
leaks & causes damage to home owners flooring.
Contractual Liability - ✔✔Arises from one party assuming responsibility of another party. Ex
- lease agreements, construction contracts.
Contingent Liability - ✔✔Arises out of work performed for the named insured by someone
else. Ex - can protect a named insured from acts of others, such as independent contractors
Personal Injury Liability - ✔✔Liability arising out of intentional torts such as libel, wrongful
eviction.
Advertising Liability - ✔✔Liability caused by harm from such things as misappropriation of
advertising ideas, style of doing business or infringement of copyright
-Coverage applies to named offenses committed in the course of advertising the named
insured's goods, products, or services
Qualifying as a named insured - ✔✔1. Named insured (those listed on the declarations)
2. Automatic Insureds (those who qualify)
3. Automatic Insureds - those added by endorsement
, 1. Named Insured listed on the declarations - ✔✔a) an individual, you, your spouse are
insureds but only with the respect to the conduct of business of which you are the sole
owner
b) a partnership or joint venture
c) a limited liability company (LLC)
d) an organization other than a partnership
e) a trust
Executive officer - ✔✔a person holding any of the officer positions created by an
organization's charter, constitution, bylaws, or any other similar governing document
2. Automatic Insureds - ✔✔insured status for employee applies only for acts within the
scope of employment or while conducting the named insureds business.
Volunteer workers while performing duties related to named insureds business.
3) automatic insured by endorsement/newly acquired - ✔✔This does not include newly
acquired or formed partnerships, joint ventures or LLCs.
Who is an insured? - ✔✔1. Individual
- named indivdual, spouse
2. partnership or joint venture
-named partnership, joint venture, members, spouses
3. Limited Liability Company
- named LLC, Members, managers
4. Organization
- named entity, executive officers, directors, stockholders,
5. trust
- Named trust, trustees
