Cic commercial multiline Study guides, Class notes & Summaries
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CIC Commercial Multi-line Exam Prep (100% Correct Answers)
- Exam (elaborations) • 26 pages • 2023
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CIC Commercial 
Multiline Exam 
Identify and describe the three primary purposes of excess liability/umbrella policies 
(LO1) - ANSWER 1. Provide additional limits that are excess over underlying limits of 
insurance 
2. Provide primary coverage when underlying poliy does not respond beacuse its 
aggregate limits of insruance are exhausted. 
3. Provide broader coverage than the exsiting underlying insurance 
excess liability coverage forms and commercial umbrella liability policy - ANSWER 1...
CIC Commercial Multiline Tests Bundle Set
![CIC Commercial Multiline Actual test Questions With Answers](/docpics/3867479/655b149fb7aa9_3867479_121_171.jpeg)
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CIC Commercial Multiline Actual test Questions With Answers
- Exam (elaborations) • 13 pages • 2023
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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 Multiline Exam](/docpics/4064260/6583569517f27_4064260_121_171.jpeg)
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CIC Commercial Multiline Exam
- Exam (elaborations) • 26 pages • 2023
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Available in package deal
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Identify and describe the three primary purposes of excess liability/umbrella policies (LO1) - Answer- 1. Provide additional limits that are excess over underlying limits of insurance 
2. Provide primary coverage when underlying poliy does not respond beacuse its aggregate limits of insruance are exhausted. 
3. Provide broader coverage than the exsiting underlying insurance 
 
excess liability coverage forms and commercial umbrella liability policy - Answer- 1. follow forms 
- hella short 
- ...
![CIC Commercial Multiline Exam questions with correct answers](/docpics/3892829/655fdab7a81ee_3892829_121_171.jpeg)
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CIC Commercial Multiline Exam questions with correct answers
- Exam (elaborations) • 44 pages • 2023
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Identify and describe the three primary purposes of excess liability/umbrella policies (LO1) CORRECT ANSWER-1. Provide additional limits that are excess over underlying limits of insurance 
2. Provide primary coverage when underlying poliy does not respond beacuse its aggregate limits of insruance are exhausted. 
3. Provide broader coverage than the exsiting underlying insurance 
 
excess liability coverage forms and commercial umbrella liability policy CORRECT ANSWER-1. follow forms 
- hella ...
CIC Commercial Multiline Exam Questions and Answers 2024 Update.CIC Commercial Multiline Exam Questions and Answers 2024 Update.
CIC Commercial Multiline Exam
CIC Commercial Multiline Exam Questions and Answers 2024.
![CIC Commercial Multiline - Section 5 questions with correct answers](/docpics/3913459/6564b2f7536ef_3913459_121_171.jpeg)
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CIC Commercial Multiline - Section 5 questions with correct answers
- Exam (elaborations) • 14 pages • 2023
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Identify the three primary Purposes of Excess liability & Umbrella liability policies. 
 
Excess Liab - LO1 CORRECT 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 and provide primary cov over exhausted limits. 
3. Provides broader...
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CIC Commercial Multiline Exam | 110 Questions Correctly Answered Already Passed!!
- Exam (elaborations) • 37 pages • 2023
- Available in package deal
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- $12.49
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Identify and describe the three primary purposes of excess liability/umbrella policies (LO1) - 1. 
Provide additional limits that are excess over underlying limits of insurance 
2. Provide primary coverage when underlying poliy does not respond beacuse its aggregate limits of 
insruance are exhausted. 
3. Provide broader coverage than the exsiting underlying insurance 
excess liability coverage forms and commercial umbrella liability policy - 1. follow forms 
- hella short 
- "basically what un...
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