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Exam (elaborations)
CIC Commercial Property Exam Prep Questions with Complete Answers
Endorsements used to modify coverage extensions (6) - Answer ️️1. newly acquired or constructed property - increased limit 2. higher limits 3. specified bpp temporarily away from premises 4. additional covered property 5. radio or television antennas 6. trees, shrubs, plants Explain replacement cost - Answer ️️- without deduction for depreciation - claims are paid on acv until repairs or replacements is complete and then difference is paid - does not apply to pp of othe...
GONZOGEEK
Exam (elaborations)
CIC Commercial Property Exam Prep Questions with Complete Answers
PopularEndorsements used to modify coverage extensions (6) - Answer ️️1. newly acquired or constructed property - increased limit 2. higher limits 3. specified bpp temporarily away from premises 4. additional covered property 5. radio or television antennas 6. trees, shrubs, plants Explain replacement cost - Answer ️️- without deduction for depreciation - claims are paid on acv until repairs or replacements is complete and then difference is paid - does not apply to pp of othe...
GONZOGEEK