Cic commercial property Study guides, Class notes & Summaries

CIC Commercial Property Exam Questions and Answers 2024

Iowa Pesticide Applicator Exam Questions With Correct Answers Intro: Types of pesticide applicators in Iowa - CORRECT ANSWERS Commercial Applicators (another person for compensation); Public Applicators (as employee govt agencies); Noncommercial Applicators (property owned, rented, or leased by the applicator or the applicator's employer); Private Applicators (agricultural); Certified Handlers (preparing, mixing, or loading pesticides) Intro: Describe certification...

Learning Objective 1A - Rights and Duties of the first Named Insured - Answer-1. Authorization to Cancel 2. Receive Cancellation 3. Make Changes with Insurer Consent 4. Responsible for Payment of Premium 5. Payee (Receiver) for Return Premium Learning Objective 1B - How does Coinsurance apply? - Answer-Amount Carried/Amount Required x Loss = Recovery-Deductible (Settlement) or "Did Have"/"Should Have" x Loss = Recovery - Deductible Components of "Common Policy Dec" IL DS 00 09...

Iowa Pesticide Applicator Intro: Types of pesticide applicators in Iowa - correct answer Commercial Applicators (another person for compensation); Public Applicators (as employee govt agencies); Noncommercial Applicators (property owned, rented, or leased by the applicator or the applicator's employer); Private Applicators (agricultural); Certified Handlers (preparing, mixing, or loading pesticides) Intro: Describe certification & recertification requirements - correct answer Certification:...

CIC Commercial Multi-Line Exam Questions and Answers Describe how inland marine insurance started - Answer ️️ -evolved from ocean marine -filled gap in coverage as good transitioned from ocean marine -cover goods in transit over land Does inland marine also apply to instruments of transportation and communication? - Answer ️️ Yes, ex. Bridges, tunnels, piers, cell towers, pipelines. What is the basic exclusion applicable to inland marine? - Answer ️️ Property in a fixed loca...

CIC Commercial Property Exam Questions and Answers

CIC Commercial Property Exam

CIC - Commercial Casualty Questions And Verified Correct Answers What are the three basic parts of a CGL policy? - ANSWER Declarations, Coverage Form, & Endorsements What are the four parts of the CGL declarations? - ANSWER Named insured, mailing address, policy period; limits; form of business; business description What are the five sections of the CGL coverage form? - ANSWER Coverages, Who Is an Insured, Limits, Conditions, & Definitions What are the three CGL coverages? - ANSWER...

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