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CPP FULL QUESTIONS AND CORRECT ANSWERS ALREADY PASSED STUDY SHEET

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CPP FULL QUESTIONS AND CORRECT ANSWERS ALREADY PASSED STUDY SHEET

Institution
CPP
Course
CPP

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CPP FULL QUESTIONS AND CORRECT
ANSWERS ALREADY PASSED STUDY SHEET

●● What types of property policies are available with the CPP?
Answer: Building and Personal Property (BPP) Policy and Business
Interruption Policy.


●● What casualty policies can be included in the CPP?
Answer: Commercial General Liability Policy (CGL), Commercial
Crime Insurance, and Commercial Auto Policy.


●● What does the CPP cover?
Answer: Almost all of the insurance needs of the typical larger business.


●● What is the cancellation policy for the Insured under the CPP?
Answer: The Insured may cancel at any time in writing without advance
notice.


●● What notice must the Insurer give for cancellation due to
nonpayment of premium?
Answer: 10 days' notice must be given.


●● What notice must the Insurer give for other cancellations?
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