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CIC COMMERCIAL CASUALTY INSTITUTE EXAM NEWEST 2026
ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY
GRADED A+| ||PROFESSOR VERIFIED||
1.1) If you are designated in the declarations as an organization
other than partnership, joint venture, or LLC, who else is an
insured? - ANSWER-You, your officers, and directors, but only
with respect to the business Stockholders are also insureds, but
only in respect to their duties as stockholders
1.1) If you are designated in the declarations as a trust, who else
is an insured? - ANSWER-You and your trustees but only in
respect to the business
1.1) Aside from owners, officers, or managers, who else is
automatically insureds as well? - ANSWER-Volunteer Workers
(while preforming duties related to the conduct of the business)
and Employees (only in the scope of their employment) Real
Estate Managers
1.1) Volunteer Workers and Employees are automatically
insureds. Which type(s) of employees are NOT automatic
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insureds? - ANSWER-Temporary or leased workers. They are
excluded
1.1) Employees and volunteer workers are not considered
automatic insureds when they cause... - ANSWER-- BI/PD to a
named insured
- Injury to the family of a coworker
- BI/AI when providing professional health care services
- Property damage owned by, or in the CCC of a named insured
1.1) Newly acquired organizations are automatic insureds for
what period of time? - ANSWER-90 days, excludes claims that
occurred prior to acquisition of new organization.
1.2) What are the two promises found in paragraph 'a.' of the
insuring agreement? - ANSWER-Indemnity and Defense. (Pays
sum the insured becomes legally obligated to pay as damages
because of BI/PD and the defense costs)
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1.2) Define BI and PD - ANSWER-- BI: sickness or disease,
injury, or death
- PD: Physical injury or loss of use to tangible property
1.2) Where must the 'occurrence' take place for coverage to be
active? - ANSWER-The coverage territory
1.2) What is the coverage territory? - ANSWER-US, it's territories
and possessions, Puerto Rico and Canada
1.2) is international airspace part of the coverage territory? -
ANSWER-Yes, but only when flying between locations in the
coverage territory
1.2) Under what circumstances is the coverage territory
worldwide? - ANSWER-- Product is made or sold in territory
described in coverage territory
- Temporary business travel
- Personal or advertising injury occurs on the web
- SUIT MUST BE BROUGHT IN THE US
CIC COMMERCIAL CASUALTY INSTITUTE EXAM NEWEST 2026
ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY
GRADED A+| ||PROFESSOR VERIFIED||
1.1) If you are designated in the declarations as an organization
other than partnership, joint venture, or LLC, who else is an
insured? - ANSWER-You, your officers, and directors, but only
with respect to the business Stockholders are also insureds, but
only in respect to their duties as stockholders
1.1) If you are designated in the declarations as a trust, who else
is an insured? - ANSWER-You and your trustees but only in
respect to the business
1.1) Aside from owners, officers, or managers, who else is
automatically insureds as well? - ANSWER-Volunteer Workers
(while preforming duties related to the conduct of the business)
and Employees (only in the scope of their employment) Real
Estate Managers
1.1) Volunteer Workers and Employees are automatically
insureds. Which type(s) of employees are NOT automatic
,2|Page
insureds? - ANSWER-Temporary or leased workers. They are
excluded
1.1) Employees and volunteer workers are not considered
automatic insureds when they cause... - ANSWER-- BI/PD to a
named insured
- Injury to the family of a coworker
- BI/AI when providing professional health care services
- Property damage owned by, or in the CCC of a named insured
1.1) Newly acquired organizations are automatic insureds for
what period of time? - ANSWER-90 days, excludes claims that
occurred prior to acquisition of new organization.
1.2) What are the two promises found in paragraph 'a.' of the
insuring agreement? - ANSWER-Indemnity and Defense. (Pays
sum the insured becomes legally obligated to pay as damages
because of BI/PD and the defense costs)
, 3|Page
1.2) Define BI and PD - ANSWER-- BI: sickness or disease,
injury, or death
- PD: Physical injury or loss of use to tangible property
1.2) Where must the 'occurrence' take place for coverage to be
active? - ANSWER-The coverage territory
1.2) What is the coverage territory? - ANSWER-US, it's territories
and possessions, Puerto Rico and Canada
1.2) is international airspace part of the coverage territory? -
ANSWER-Yes, but only when flying between locations in the
coverage territory
1.2) Under what circumstances is the coverage territory
worldwide? - ANSWER-- Product is made or sold in territory
described in coverage territory
- Temporary business travel
- Personal or advertising injury occurs on the web
- SUIT MUST BE BROUGHT IN THE US
