Cisr Study guides, Class notes & Summaries

CISR - Agency Operations Exam 65 Questions with Answers Professional - CORRECT ANSWER One engaged in an occupation requiring a high level of training and proficiency To be recognized as knowledgeable, gain public trust, avoid government regulation, enhance credibility - CORRECT ANSWER What are the benefits of being ethical? True - CORRECT ANSWER Is this example an ethical issue? Rating a vehicle using the wrong classification No - CORRECT ANSWER Are you allowed to sign for the insu...

Insuring Personal Auto Exposures CISR Exam With Correct Answers.

In BAP what does liability section provide protection from claims for? CORRECT ANSWER-Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? CORRECT ANSWER-provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? CORRECT ANSWER-Medical payments personal injury protection uninsured/underinsured motorist bodily injury and/or property damage l...

TCOR CORRECT ANSWER-Total Cost of Risk Risk Management CORRECT ANSWER-the process of managing uncertainty of exposures that affect an organizations assets 5 steps of risk management process CORRECT ANSWER-Identification, analysis, control, financing and administration Six general classes of risk CORRECT ANSWER-1. Economic 2. Legal 3. Political 4. Social 5. Physical 6. Juridical Four Logical Classifications of Exposures CORRECT ANSWER-A. Property B. Human Resources C. Liability...

CISR Insuring Commercial Property Exam With 100% Correct Answers 2023

Commercial Casualty II – CISR Questions and Correct Answers 2024/2025 In BAP what does liability section provide protection from claims for? - Correct Answer Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? - Correct Answer provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - Correct Answer Medical payments personal injury pro...

Commercial Casualty II - CISR Exam Questions And Answers All Verified By An Expert In BAP what does the liability section provide protection from claims for? - ANS Bodily Injury and Property Damage for which the insured is legally responsible for. In the BAP physical damage section what type of protection? - ANS provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? - ANS Medical payments personal injury pr...

What is a trade? CORRECT ANSWER-Skilled manual or mechanical work. Examples: Painter, Carpenter, Electrician, etc. What is a profession? CORRECT ANSWER-A vocation requiring advanced education and training. Examples: Physician, Dentist, Attorney, Veterinarian, etc. What is an occupation? CORRECT ANSWER-An activity or pursuit in which a person is engaged; a person's usual or principal work or business. What are the two parts of the definition of "Business"? CORRECT ANSWER-Part ...

TCOR - Total Cost of Risk Risk Management - the process of managing uncertainty of exposures that affect an organizations assets 5 steps of risk management process - Identification, analysis, control, financing and administration Six general classes of risk – 1. Economic 2. Legal 3. Political 4. Social 5. Physical 6. Juridical Four Logical Classifications of Exposures – A. Property B. Human Resources C. Liability D. Net Income Ways to identify risks - Checklists, surveys, fl...

CISR Risk Management – Questions/Answers