CIC FINAL PAPER 2026 DETAILED
QUESTIONS ACCURATE ANSWERS
PREMIUM QUALITY
◉ optional coverages- extension of replacement cost to personal
property of others
Answer: two actions required for this optional coverage to apply
1. must have replacement cost on named insureds property
2. must "trigger" replacement cost for personal property of others
Payment limited to lesser of amount required by contract/
replacement
◉ causes of loss- basic form
Answer: includes eleven named causes of loss
includes the additional coverage- limited coverage for fungus wet rot
dry rot and bacteria
◉ causes of loss-broad form
Answer: adds three named causes of loss and the additional
coverage-collapse
,◉ causes of loss-special form
Answer: coverage for physucal loss unless excluded
burden of proof is on the insurer to show exclude/limited
◉ sections of the cuases of loss special form
Answer: a. covered causes of loss
b. exclusions
c. limitations
d. additional coverage-collapse
e. additional coverage- limited fungus,etc.
f. additional coverage-extenstions
g. definitions
◉ Basic causes of loss named perils
Answer: Fire Lightning
WC SHAVER
Sprinkler Leakage
Sinkhole Collapse
Volcanic Action
additional coverage: limited coverage for fungus
◉ broad causes of loss named perils
,Answer: Fire & Lightning WC SHAVER SCV
+ falling objects
Weight of snow, ice , or sleet
water damage
additional coverage- collapse
◉ Special causes of loss open peril
Answer: all the prior listed
+ theft
direct physical loss
◉ WC SHAVER
Answer: Windstorm
Civil commotion
Smoke
Hail
Aircraft
Vehicle and volcano
Explosion
Riots
◉ causes of loss- special form exclusions in groups
, Answer: 1. concurrent causation/sequential causantion exclusions
2. concurrent causation exclusions
3. conditional exclusions
4. special exclusions
5. additional exclusions
◉ anti-concurrent causation verbiage
Answer: modifies the operation of common law proximate causation
rules
attempts to eliminate coverage for loss caused by one of these
excluded causes of loss, even if the loss resulted from multiple
causes and one of these causes is a covered cause of loss
◉ Exclusions-special form
Answer: a. ordinance or law
b. earth movement
c. governmental action
d. nuclear hazard
e. utility services
f. war and military action
g. water
QUESTIONS ACCURATE ANSWERS
PREMIUM QUALITY
◉ optional coverages- extension of replacement cost to personal
property of others
Answer: two actions required for this optional coverage to apply
1. must have replacement cost on named insureds property
2. must "trigger" replacement cost for personal property of others
Payment limited to lesser of amount required by contract/
replacement
◉ causes of loss- basic form
Answer: includes eleven named causes of loss
includes the additional coverage- limited coverage for fungus wet rot
dry rot and bacteria
◉ causes of loss-broad form
Answer: adds three named causes of loss and the additional
coverage-collapse
,◉ causes of loss-special form
Answer: coverage for physucal loss unless excluded
burden of proof is on the insurer to show exclude/limited
◉ sections of the cuases of loss special form
Answer: a. covered causes of loss
b. exclusions
c. limitations
d. additional coverage-collapse
e. additional coverage- limited fungus,etc.
f. additional coverage-extenstions
g. definitions
◉ Basic causes of loss named perils
Answer: Fire Lightning
WC SHAVER
Sprinkler Leakage
Sinkhole Collapse
Volcanic Action
additional coverage: limited coverage for fungus
◉ broad causes of loss named perils
,Answer: Fire & Lightning WC SHAVER SCV
+ falling objects
Weight of snow, ice , or sleet
water damage
additional coverage- collapse
◉ Special causes of loss open peril
Answer: all the prior listed
+ theft
direct physical loss
◉ WC SHAVER
Answer: Windstorm
Civil commotion
Smoke
Hail
Aircraft
Vehicle and volcano
Explosion
Riots
◉ causes of loss- special form exclusions in groups
, Answer: 1. concurrent causation/sequential causantion exclusions
2. concurrent causation exclusions
3. conditional exclusions
4. special exclusions
5. additional exclusions
◉ anti-concurrent causation verbiage
Answer: modifies the operation of common law proximate causation
rules
attempts to eliminate coverage for loss caused by one of these
excluded causes of loss, even if the loss resulted from multiple
causes and one of these causes is a covered cause of loss
◉ Exclusions-special form
Answer: a. ordinance or law
b. earth movement
c. governmental action
d. nuclear hazard
e. utility services
f. war and military action
g. water
