California Commercial Insurance Exam 2022/2023
In a commercial property policy, concealment, misrepresentation or fraud could cause a policy to: Be voided, denied or cancelled. NOTE: This is a common condition in the commercial property policy Any licensed agent or broker may submit risks to the FAIR plan: But there is no binding authority. NOTE: An agent never has binding authority with the FAIR plan. Under the Building and Personal Property coverage form, vacancy means: Insufficient business property present to conduct customary operations.
Written for
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- California Commercial
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- California Commercial
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- October 17, 2022
- Number of pages
- 50
- Written in
- 2022/2023
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- Exam (elaborations)
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california commercial insurance exam 20222023