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CAIB 2 exam 2024 with 100% correct answers
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9

March 2024

2023/2024

A+
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3 conditions or obligations that insured owed before Replacement Cost Settlement payout is issued ( Payment after, Diligence ,Site ) correct answers1) payment is made after replacement work is completed 2) replacment work must be done in due diligence and dispatch 3) replacement must be at same site or adjacent site 6 insured duties during a crime loss ( n n 120 s oath securities ) correct answers1) notify authority 2) notify insurer 3) prepare proof of crime loss within 120 days of disc...
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