CIPS Exam L5M2 Topic 1 Question 16 Discussion

Actual exam question for CIPS's L5M2 exam

Question #: 16
Topic #: 1

[All L5M2 Questions]

Which of the following insurances would provide cover in the eventuality that your supplier's place of business flooded and this affected your deliveries?

Abusiness interruption insurance

Bcontingent business interruption insurance

Cpublic liability insurance

Dproperty insurance

Show Suggested Answer

Suggested Answer: A

The correct answers are as follows:

CSR= Corporate Social Responsibility

by Francine at Jul 07, 2023, 09:21 PM

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Marlon

7 hours ago

I'm not sure, but I think A) business interruption insurance could also provide cover in this situation.

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Peggie

4 days ago

I agree with Timothy, because it covers disruptions caused by suppliers.

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Peggie

4 days ago

I'm going with B as well. Can't afford to be left high and dry if our suppliers can't deliver the goods.

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Micheal

7 days ago

B) contingent business interruption insurance seems like the right choice here. It's specifically designed to cover us if our suppliers' operations are disrupted.

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Timothy

10 days ago

I think the answer is B) contingent business interruption insurance.

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