CPP TEST PAPER QUESTIONS AND SOLUTIONS EXPERT VERIFIED STUDY CONTENT

CPP TEST PAPER QUESTIONS AND
SOLUTIONS EXPERT VERIFIED STUDY
CONTENT

●● Commercial Property Coverage Forms included in the CPP
Answer: -building and personal property
-builders risk
-condo association
-condo commercial unit owners
-business income
-extra expense
-commercial inland marine


●● Commercial Casualty coverage forms included in the CPP
Answer: -Auto (fleet), umbrella, medical, and uninsured motorist
-General liability
-Crime
-Farm liability
-Inland marine


●● The CPP cannot include the following

, Answer: -works comp
-life insurance
-health and disability insurance
-certain types of professional liability


●● The coverages that can be included in the CPP have?
Answer: -declarations
-definitions
-insuring agreements
-exclusions


They can be written as a standalone (moonlike) policy or they can be
included inside this package policy called the CPP


●● When coverages are included in the CPP, the name of the coverage
changes from a policy to a?
Answer: FORM - it does not make sense to call coverage a policy when
it is inside a policy


●● The CPP also contains?
Answer: -common policy declarations
-common policy conditions
-two or more coverage parts (property or casualty)