Answers (Verified Answers) 2026
lesson 5 - CORRECT ANSWER -ok
T/F An insured can have both a Commercial Excess Liability policy and a Commercial Umbrella
Liability policy. - CORRECT ANSWER -false
What are the most common underlying/primary policies in a typical Commercial Excess or
Umbrella Liability Policy? - CORRECT ANSWER -Employers' Liability, Commercial General
Liability, Commercial Auto
What is the correct order of steps 1-4 for the CSR Support Cycle? - CORRECT ANSWER -o
Obtain Required Submission Information
o Complete ACORD Forms
o Send the Submission
o Receive and Review Quotes
What is the correct order of steps 5-8 for the CSR Support Cycle? - CORRECT ANSWER -o
Create and Present the Proposal
o Bind Coverage with the Insurance Company7
o Check the Policy
o Support the Insured
When reviewing quotes, which line of insurance requires the forms & endorsements to match
those found on its underlying/primary policies? - CORRECT ANSWER -commercial excess
liability