Cic property Study guides, Class notes & Summaries

CIC Commercial Property Exam Prep with 100% Correct Answers 2023

Iowa Certified Applicator Core Manual 2024/2025 Exam Study Guide with Complete Solutions. Commercial applicator - Correct Answer person who uses pesticide on any property of another person for payment Public Applicator - Correct Answer persons who use pesticide as state, county, municipal, or government employees Non-commercial applicators - Correct Answer persons who apply restricted use pesticides on land owned, rented, or leased by applicator Private applicators - Correct Answer pe...

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...

CIC Commercial Property Exam 2023...

Coinsurance CORRECT ANSWER-Insurer agrees to a reduced rate if insured carries a specific percentage of insurance to the value of the property Coinsurance penalizes the insured in the event of partial loss Coinsurance formula CORRECT ANSWER-Limit of loss carried/Value of property at time of loss X loss amount - deductible. OR Amount of insurance that was carried/Amount of insurance that should've been carried X loss amount - deductible. OR Did/should X loss amount - deductible Ad...

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 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...

CIC Property Exam Questions and Answers