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CALIFORNIA COMMERCIAL INSURANCE STUDY QUESTIONS WITH SOLUTIONS GRADED A+2025/2026
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    CALIFORNIA COMMERCIAL INSURANCE STUDY QUESTIONS WITH SOLUTIONS GRADED A+2025/2026

  • What does "We" "Us" and "Our" refer to in a Commercial Policy? - The insurance company providing the coverage. What are the 9 property conditions? - Concealment, Misrepresentation or Fraud Coverage, Control of Property, Insurance Under Two or More Coverages, Other Insurance, Legal Action Against the Insurer, Liberalization. No benefit to Bailee, Policy Period and Coverage Territory, and Transfer of Rights of Recovery Against Others (Subrogation). What is the Concealment,...
  • BOARDWALK
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CALIFORNIA COMMERCIAL INSURANCE RELIABLE EXAM QUESTIONS WITH SOLUTIONS GRADED A+2025/2026
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    CALIFORNIA COMMERCIAL INSURANCE RELIABLE EXAM QUESTIONS WITH SOLUTIONS GRADED A+2025/2026

  • Coverage A of the Commercial Building and Personal Property coverage form covers which of the following: A riding lawn mower. Personal Property Buildings and sparate structures and a riding lawn mower are both correct answers. Buildings and Separate Structures - Buildings and sparate structures and a riding lawn mower are both correct answers. NOTES: Buildings and separate structures as well as a riding lawn mower is considered part of Coverage A, as it is used to maintain/service the pr...
  • BOARDWALK
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California Commercial Insurance QUESTIONS AND ANSWERS 2024/2025
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    California Commercial Insurance QUESTIONS AND ANSWERS 2024/2025

  • QUESTIONS AND ANSWERS
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California Commercial Insurance QUESTIONS AND ANSWERS 2024/2025
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    California Commercial Insurance QUESTIONS AND ANSWERS 2024/2025

  • QUESTIONS AND ANSWERS
  • TheHUB26
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California Commercial Insurance | Questions with 100% correct answers | verified
  • Exam (elaborations)

    California Commercial Insurance | Questions with 100% correct answers | verified

  • What is a Modular Policy? - A modular policy is a policy consisting of several different documents, none of which by itself forms a complete contract. What is a Commercial Package Policy (CPP)? - A Commercial Package Policy is a modular policy that combines different forms and more than one line of coverage. What must a CPP policy consist of? - A Declaration Page (stating premium charges and coverage limits) A Policy Conditions (six conditions that apply to the entire contract) Two or mor...
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California Commercial Insurance Exam 2022/2023
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    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 condu...
  • YANCHY
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