Pure Meats Ltd. is a new company selling freezer-packed and processed meat products for resale in stores within Canada. The president has approached Rebecca, a broker who is an expert on products liability insurance. The media recently covered stories of individuals becoming ill or dying from listeriosis due to contaminated processed meat products. Identify the underwriting considerations and information Rebecca needs to assess this exposure. What will she recommend as part of an insurance program to cover the company's products liability exposure? Explain why.

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The question of whether an employee might convert cash or cheques for her own use would be considered when underwriting which policy coverages?

• A.Crime
• B.Liability
• C.Property
• D.Business interruption

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Which peril is commonly excluded under the commercial property broad form (CPBF)?

• A.Riot
• B.Pollution
• C.Leakage from fire suppression systems
• D.Explosion of natural or manufactured gas

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After examining an organization's financial statements and accounting records, a broker decides that they would like to take the company on as a client. What did the broker determine during their examination that helped make this decision?

• A.The organization has a captive company.
• B.The organization is consistently profitable.
• C.The organization has paid policy premiums on time for the last seven years.
• D.The organization is compliant with federal and provincial tax laws.

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The owner of a small bookstore arranges to have a reputable courier deliver an expensive set of antique encyclopedias to the store after it closes. The next morning, he notices several encyclopedias are missing from the set. He reports this situation to his broker, who advises that the loss will be covered under his commercial property broad form if he can provide which type of proof?

• A.Declaration under oath confirming it was a fidelity loss
• B.Evidence that the loss occurred as a result of mysterious disappearance
• C.Sworn statement from the courier that the set was delivered in its entirety
• D.Documented evidence showing the encyclopedias were in the owner's care, custody, and control

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