EPIC
2022 – 2023 Policy Period
Policy #: CPA 6050015 22
On 04/01/2022, the insured endorsed their auto policy. What was the garaging address of the 2008 vehicle that was removed?
Morristown, NJ.
Name three coverages that fall under Inland Marine
Fine arts, renewable energy, CE, CBE, MTC, or Transportation
What is Terry Buckner's title?
President and CEO
CSR24 is primary used to issue what?
Certifications of insurance
What coverage is used to cover an employee's vehicle when used for business?
Hired auto
2021 – 2022 Policy Period
Policy #: EPK-134462
On 05/05/2021, the insured endorsed their general liability policy. Why wasn’t there a formal endorsement issued?
The carrier does not schedule locations on their general liability policy.
What does NCCI stand for?
National Council on Compensation insurance
How many employees are currently in our Denver office?
What is a loss payee and mortgagee
financially interest party in the insured or property of the insured
What are the three parties in an surety agreement?
Surety, principle, obligee/owner
2022 – 2023 Policy Period
Policy #: 3370261
On 03/10/2021, the insured endorsed their property policy. What was the year built and construction type of the building they added?
1970, Non-Combustible Cement Block
What is the primary difference between claims-made and occurrence form policies?
An occurrence policy has lifetime coverage for the incidents that occur during a policy period, regardless of when the claim is reported. A claims-made policy only covers incidents that happen and are reported within the policy's time frame, unless a 'tail' is purchased.
What are the three major insurance groups that Buckner services?
Commercial, Employee Benefits, Personal (Private Client Group)
what is the difference between and additional insured and additional named insured
named insured - ownership stake in the company
additional named insured - financial stake in the companies operations
What are the three C's for bond rating?
Character, capacity and capital
2021 – 2022 Policy Period
Policy #:CPA6050015-22
On 04/20/2021, the insured endorsed their auto policy. What was the total cost of the ’19 Ford Fusion they added?
$19.923.49
If an employee is injured on the job, what policy covers the claim?
Workers’ compensation.
How many officers does Buckner have?
7 total - 3 in Utah, 3 in Idaho and 1 on Colorado
What function should you never use in CSR24?
Faxing
Name 5 perils that EPLI coverage includes
Discrimination, wrongful termination, sexual harassment, retaliation, defense for violation for wage or hour laws, employment contract breech, employment related libel, slander, defamation, and 3rd party coverage
2022 – 2023 Policy Period
Policy #: CPA 6050015 22
Issue an auto ID card for a 2010 GMC Savana VIN#1752
Check that is was the correct auto ID card.
What does boiler coverage cover?
Provides coverage for physical damage to and financial loss from equipment breakdown. Covers the cost of repairing or replacing the damaged equipment
What year was Buckner established?
1936
What Acord is primary used liability proof of insurance?
Acord 25
What policy form are management liability lines written on?
Claims made