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c131 midterm

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7

J
Jessica Wilhelm

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Slides (30)

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Which of the following would NOT be considered a drawback as a result of a contractual risk transfer?

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What are the main 4 techniques for addressing risk exposures?

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What would not be a major exposure to consider when businesses merge with each other?

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Identifying/Analyzing loss exposures

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What would you not find in Best's Underwriting Guide?

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How is damage to unlicensed equipment insured?

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What would not be a characteristic of an insurer's risk appetite?

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Gross earnings coverage only provides for income lost from

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Which of the following would not be an attachment to a submission?

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Loss control includes: transfer by insurnace

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In relation to the temporary location extension in the commercial property broad form (CPBF), many insurers will

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What is the Co-Insurane Clause meant to do?

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Insurers’ interest in risks that require manuscript wordings vary depending on the amout of work needed to UW the file

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Which of the following would not be considered a data problem?

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What are the 5 Stages of the Risk Management Plan?

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The term "All Risk" means that all perils are covered.

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For what type of policy would a broker quote an adjustable premium?

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What is the main differnce between and excess policy and an umbrella policy?

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What does an SIR allow the insured to do?

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Which of the following best describes exclusions?

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The proposal is the quotation to the client.

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When doing business in the USA, a Canadian broker must:

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CPBF provides insurance on an all risks basis subject to policy conditions, limitations, and exclusions

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Certificates of Insurance are issued to.. 

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