Final

Which of the following is not included as a key term in Section 3 on Comprehensive Dishonesty, Disappearance and Destruction Policy?

Samples of the Crime policies are located at the end of Chapter 6.

What is the main focus of Section 3 in the provided content?

In Section 2, the area that covers determining need, type, and amount is represented by the letter ______.

Match the following sections with their respective focuses:

What is another name for Builders Risk Policy?

Installation floaters cover subcontractors who install equipment.

What do stores like London Drugstore and Best Buy do to protect high-end items?

The Commercial Crime Insurance Policy is referenced by the code ______.

What is the primary focus of the questions discussed in Section 2?

Match the following terms to their definitions:

Central station service is considered the best form of alarm service.

What items are typically locked up in cases in stores?

Section 2 -- Contractor's Insurance

Key Area: Builders Risk Policy, also known as Course of Construction Policy (COC).
Installation floaters provide coverage for subcontractors who install equipment.
Relevant forms and floaters can be found at the end of Chapter 5 (5-21) in the CAIB textbook.
High-value items in stores, like London Drugstore and Best Buy, are secured in cases or have alarm protection.

Section 2 -- Commercial Crime Insurance Policy (IBC 6000)

Key terms relate to various commercial crime coverages and conditions.
Detailed discussions are structured around policies and essential components outlined in the study guide.
Samples of crime policies are included at the end of Chapter 6 (6-37).

Section 3 -- Comprehensive Dishonesty, Disappearance and Destruction Policy

Focuses on different aspects and protections of comprehensive dishonesty-related insurances.
Samples of the crime policies are located at the end of Chapter 6 (6-37).
Emphasis on understanding comprehensive coverage types for various business risks.

Section 2 -- Determining Need, Type and Amount

Important for assessing the required coverage types and their adequacy for specific situations.
The determination process is critical for tailored insurance solutions to individual business needs.

Section 3 -- Miscellaneous Business Interruption Coverage Forms

Addresses various forms of business interruption insurance and their application.
Samples of different business interruption forms can be found at the back of Chapter 7 in the CAIB 2 textbook (7-38).
Understanding these forms is essential for managing financial risk during interruptions.

Test your knowledge on Contractor's Insurance as outlined in the CAIB textbook. This quiz is designed to cover the key concepts from the CAIB study guide and ILS online course. Prepare yourself for a comprehensive evaluation of your understanding in this essential area.