Caib 3 key terms Study guides, Class notes & Summaries

CAIB 3 Key Terms – Comprehensive Study Set

CAIB 3 Key Terms

CAIB 3 Key Terms questions with correct answers

CAIB 3 Key Terms with complete solution

CAIB 3 Key Terms Questions & answers

CAIB 3 Key Terms. With complete solution

CAIB 3 Key Terms

Civil Law - Answer the body of law concerned with civil or private rights and remedies, as contrasted with criminal law which deals with wrongs against society. Tort - Answer a private or civil wrong or injury, other than breach of contract, for which the court will provide a remedy in the form of an award for damages. Breach of Contract - Answer is the failure, without legal excuse to perform any promise which forms the whole or part of the contract. Rule of Precedent - Answer ...

CAIB II - Chapter 6 Exam Questions and Answers Crime Insurance - Property Susceptible to Crime Losses (2 Target Items) - Answer ️️ -Target items are those which meet the follow criteria: 1. Value (greater value items) 2. Portability (easier to transport away) Perimeter Protection - Partial Protection (2 weaknesses) - Answer ️️ -1. Forced entry through walls or ceilings are not detected 2. Stay behind thieves will not be detected until they leave Area Protection - Electronic Prote...

CAIB 2 CHAPTER 4 STUDY QUESTIONS WITH ANSWERS Define "Endorsement" - CORRECT ANSWER-endorsements change the terms of existing policies Define "Rider" - CORRECT ANSWER-Riders add coverages to those already on the policy What values are insured on a Glass Rider - CORRECT ANSWER-1) Glass 2) Artwork on glass 3) Tape & Foil on glass When would tenants require Glass Riders? - CORRECT ANSWER-tenants may require glass riders when they have ass...