Cisr Study guides, Class notes & Summaries
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CISR - Personal Lines Miscellaneous Already Graded A+
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CISR - Personal Lines Miscellaneous Already Graded A+
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CISR Commercial Casualty I Lesson 1 L Questions And Answers Already Graded A+
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Legal Liability - A responsibility or obligation to others, which courts recognize and enforce. In 
general failure to meet this duty often results in the imposition of monetary damages. 
3 Types of Legal Liability - Tort Liability, Statutory Liability, Contractual Liability 
4 Types of Tort Liability - Negligence, Intentional Torts, Strict Liability, Absolute Liability 
Name the four requirements of a negligent tort (long version) - 1. Duty owed by negligent party 
to another party, 2. Breach o...
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CISR Insuring Commercial Property Exam 146 Questions with Answers,100% CORRECT
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CISR Insuring Commercial Property Exam 146 Questions with Answers 
 
Select the answer that most closely describes Actual Cash Value (ACV). - CORRECT ANSWER A method of establishing the value of property wherein depreciation and obsolescence are deducted from the value of the property. 
 
Select the answer that most closely describes Functional Replacement Cost. - CORRECT ANSWER A provision which changes the policy valuation so as to provide for replacement with a different structure which per...
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CISR - Elements of Risk Management Correctly Solved 2023
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CISR - Elements of Risk Management Correctly Solved 2023
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CISR Agency Operations Exam (6 SETS) Questions with Answers,100% CORRECT
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CISR - Agency Operations Exam 65 Questions with Answers,CISR Agency Operations Self Quiz 50 Questions with Answers,CISR: Agency Operations Exam 100 Questions with Answers,CISR Agency Operations 45 Questions with Answers,CISR Agency Operations Exam 82 Questions with Answers,CISR Agency Operations Exam 265 Questions with Answers
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CISR Agency Operations Self Quiz 50 Questions with Answers,100% CORRECT
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CISR Agency Operations Self Quiz 50 Questions with Answers 
 
 
Which one of the following best describes actual authority? - CORRECT ANSWER When the agency is expressly given authority in the agency contract 
 
Which one of the following statements best describes the standard of care an insurance agency owes an insurance company? - CORRECT ANSWER Loyalty, good faith, reasonable care and contractual duties 
 
Which one of the following is not one of the four benefits of ethical behavior? - CORRE...
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CISR LIFE & HEALTH Exam 52 Questions with Answer,100% CORRECT
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CISR LIFE & HEALTH Exam 52 Questions with Answer 
 
The first step in understanding the elements of a life insurance contract is being able to: 
 
A) describe the personal and specific reasons people purchase life insurance 
B) describe the different parties to a life insurance contract and their relationship - CORRECT ANSWER B) describe the different parties to a life insurance contract and their relationship 
 
A policy owner has the power to: 
A) Name one or more beneficiaries 
B) Change th...
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CISR - Elements of Risk Management Exam 132 Questions with Answers,100% CORRECT
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CISR - Elements of Risk Management Exam 132 Questions with Answers 
 
 
A ____ is a cause of loss - CORRECT ANSWER peril 
 
A situation, behavior, or condition that may lead to adverse financial consequences - CORRECT ANSWER exposure 
 
A cyberattack is an example of a ____ - CORRECT ANSWER peril 
 
An Insured who shows no regard for his insured property demonstrates a - CORRECT ANSWER morale hazard 
 
A spill on a supermarket aisle is an example of a ____ because it increases the likelihood...
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CISR COMMERCIAL PROPERTY INSURANCE QUESTIONS WITH 100 % CORRECT ANSWERS | VERIFIED
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eal property is - Answer-comprised of buildings, structures and fixtures that are tangible. Real property 
can be seen. 
Give examples of Real Property - Answer-Land is real property, but it is generally not the subject of 
insurance. 
Buildings are real property. They have walls and a roof. You can probably envision many types of 
buildings, ranging from a small one-story office to a skyscraper. 
Structures. A structure is any construction, including buildings. However, examples of structures t...
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CISR Commercial Casualty I Lesson Exam 48 Questions with Answers,100% CORRECT
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CISR Commercial Casualty I Lesson Exam 48 Questions with Answers 
 
Legal Liability - CORRECT ANSWER A responsibility or obligation to others, which courts recognize and enforce. In general failure to meet this duty often results in the imposition of monetary damages. 
 
3 Types of Legal Liability - CORRECT ANSWER Tort Liability, Statutory Liability, Contractual Liability 
 
4 Types of Tort Liability - CORRECT ANSWER Negligence, Intentional Torts, Strict Liability, Absolute Liability 
 
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