Final - CAIB Study Guide & ILS Online Course

Final ***[Facilitator:] Questions and answers cover the areas of the CAIB textbook and are based on both the CAIB study guide and ILS online course.*** 1. a. 2. b. c. d. 3. e. 4. f. 5. g. h. 6. i. j. 7. k. 8. l. 9. m. n. o. p. q. 10. r. 11. s. 12....

Final ***[Facilitator:] Questions and answers cover the areas of the CAIB textbook and are based on both the CAIB study guide and ILS online course.*** 1. a. 2. b. c. d. 3. e. 4. f. 5. g. h. 6. i. j. 7. k. 8. l. 9. m. n. o. p. q. 10. r. 11. s. 12. t. 13. u. 14. v. 15. w. 16. x. 17. y. z. a. b. 18. c. d. e. f. Section 2 -- Contractor's Insurance ----------------------------------- ***Key terms for Section 2:*** - ***[Facilitator:] Questions and answers cover the areas of the CAIB textbook and are based on both the CAIB study guide and ILS online course.*** 1. a. b. 2. c. 3. d. 4. e. 5. f. g. h. 6. i. j. k. l. m. n. o. p. q. r. 7. s. t. u. ***Say: Another name for Builders Risk Policy is a Course of Construction Policy (COC).*** 8. v. w. 9. x. y. 10. z. 11. a. b. 12. c. 13. d. e. ***Say: Installation floaters cover subcontractors who install equipment when:*** - - - 14. f. 15. g. h. i. ***Say: There are samples of the forms and floaters discussed in Chapter 5 at the end of the textbook (5-21).*** ***[Facilitator:] Questions and answers cover the areas of the CAIB textbook and are based on both the CAIB study guide and ILS online course.*** 1. a. - b. - c. - 2. d. - e. - f. - g. - 3. h. 4. i. - j. - k. - 5. l. 6. m. 7. n. 8. o. 9. p. - - 10. q. - 1. 2. 11. r. s. t. 12. u. - **Say: Stores like London Drugstore and Best Buy lock up items in a case that are the high end items or have the protection alarms on the item.** 13. v. w. x. 14. y. 15. z. ***[Ask Participants]: Why would central station service be the best form of alarm service?*** ***[Facilitator:] After discussion move on to discuss items in question \#16.*** 16. a. b. c. d. e. 17. f. g. 18. h. Section 2 -- Commercial Crime Insurance Policy (IBC 6000) --------------------------------------------------------- ***Key terms for Section 2:*** - - - - - - ***[Facilitator:] Questions and answers cover the areas of the CAIB textbook and are based on both the CAIB study guide and ILS online course.*** 1. a. b. c. 2. d. - e. - f. - g. - 3. h. 4. a. b. 5. i. j. k. 6. l. 7. m. n. 8. o. p. 9. q. 10. r. 11. s. t. u. 12. v. 13. w. x. y. 14. z. 15. a. b. 16. a. 17. b. c. d. e. f. g. 18. h. Section 3 -- Comprehensive Dishonesty, Disappearance and Destruction Policy --------------------------------------------------------------------------- ***Key terms for Section 3:*** - - - - ***[Facilitator:] Questions and answers cover the areas of the CAIB textbook and are based on both the CAIB study guide and ILS online course.*** 1. a. 2. a. - - b. - - c. - - 3. b. 4. c. 5. d. 6. e. 7. f. g. i. ii. iii. 8. h. 9. i. 10. j. k. l. 11. m. ***Say: Samples of the Crime policies are located at the end of Chapter 6 (see 6-37).*** ***[Facilitator:] Questions and answers cover the areas of the CAIB textbook and are based on both the CAIB study guide and ILS online course.*** 1. a. - b. - c. - d. - 2. e. f. g. 3. h. i. 4. j. 5. k. 6. l. 7. m. - n. - o. - p. - q. - 8. r. s. t. 9. u. 10. v. 11. w. 12. x. y. 13. z. 14. a. Section 2 -- Determining Need, Type and Amount ---------------------------------------------- ***Key terms for Section 2:*** - - ***[Facilitator:] Questions and answers cover the areas of the CAIB textbook and are based on both the CAIB study guide and ILS online course.*** 1. a. 2. b. c. 3. d. e. f. g. 4. h. 5. i. 6. j. 7. k. Section 3 -- Miscellaneous Business Interruption Coverage Forms --------------------------------------------------------------- ***Key terms for Section 3:*** - - - ***[Facilitator:] Questions and answers cover the areas of the CAIB textbook and are based on both the CAIB study guide and ILS online course.*** 1. a. 2. b. 3. c. 4. d. 5. a. b. 6. e. f. g. h. 7. i. 8. j. k. 9. l. ***Say: Samples of the different business interruption forms discussed in Chapter 7 are available at the back of the chapter in CAIB 2 textbook (see 7-38).***