Study guides, Class notes & Summaries

CIC Commercial Multiline Actual test Questions With Answers Identify the three primary Purposes of Excess liability & Umbrella liability policies. Excess Liab - LO1 - ANSWER 1. Provides additional limits that are excess over underlying limits of insurance. ie: Auto Loss 1.8M. 2. Provides primary coverage when underlying poliy does not respond beacuse its aggregate limits of insurance are exhausted. ie: 2 GL claims 500k each; 3rd claim of $300k w/b paid by EL. It would drop down ...

CIC COMMERCIAL CASUALTY INSTITUTE FINAL EXAM WITH REAL QUESTIONS AND WELL VERIFIED ANSWERS || ALREADY GRADED A+ | GUARANTEED PASS | LATEST VERSION 2024/2025 Describe the purpose, coverage provided, and limitations of the 'Additional Insured - Lessor if Leased Equipment' CG 20 28 endorsement. -ANSWER-Purpose: Used when the lessor of leased equipment requires, they be added to the named insured's CGL policy Coverage: Provides CGL coverage for the lessor while the nam...

CIC COMMERCIAL MULTI-LINE EXAM WITH VERIFIED QUESTIONS AND WELL DETAILED ANSWERS | ALREADY GRADED A+ | GUARANTEED PASS | LATEST 2024/2025 What is the trigger for loss sustained form with Crime? - ANSWER--loss must occur during the policy period and be discovered within the policy period or the extended period to discover loss (usually one year) What is the trigger for discovery form? - ANSWER-Occurrence can take place any time AND is discovered during the policy...

CIC COMMERCIAL MULTI- LINE EXAM PREP EXAM (ACTUAL EXAM) WITH QUESTIONS WITH VERY ELABORATED ANSWERS CORRECTRY WELL ORGANIZED LATEST 2024 – 2025 ALREADY GRADED A+

CIC Commercial Multiline - Excess Liability/Commercial Umbrella Coverages questions with correct answers 2024/2025

CIC Commercial Multi-Line questions with correct answers 2024/2025

CIC - Commercial Multiline - Cyber Exposures & Coverages Questions And Answers Latest |Update| Verified Answers

Cic - Insurance Company Operations Questions And Answers Latest |Update| Verified Answers

CIC Commercial Multiline - Section 5 Excess Liability Commercial Umbrella Questions And Answers Latest |Update| Verified Answers

CIC Commercial Multi-line Exam Prep Questions And Answers Latest |Update| Verified Answers

CIC Commercial Multiline Section 1 Commercial Inland Marine Questions And Answers Latest |Update| Verified Answers