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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Maryrose

1 months ago

B) contingent business interruption insurance is the way to go. Gotta protect ourselves from those unexpected supplier issues, you know?

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Jenise

6 days ago

D) property insurance wouldn't help with supplier issues, so B) is the best choice.

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Graciela

14 days ago

B) I agree, contingent business interruption insurance seems like the best option in this case.

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Gearldine

20 days ago

A) business interruption insurance wouldn't cover that specific scenario.

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Leoma

2 months ago

Haha, D) property insurance - is that a joke? Maybe they should just ask which insurance covers 'Acts of God' instead.

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Bernadine

10 days ago

D) property insurance wouldn't cover that scenario

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Rosita

11 days ago

B) contingent business interruption insurance would be the right choice

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Dick

1 months ago

A) business interruption insurance would cover that

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Marcelle

2 months ago

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

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Tesha

2 months ago

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

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Queen

2 months ago

D) property insurance? Really? How's that going to help if our supplier's place floods? I think they need to try harder on the answer choices.

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Stephen

51 minutes ago

A) business interruption insurance would cover the loss of income due to the supplier's place flooding.

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Nichelle

2 days ago

D) property insurance would cover the physical damage to the supplier's place due to flooding.

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Jesus

10 days ago

C) public liability insurance would not cover the loss of income due to the supplier's place flooding.

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Cordell

12 days ago

B) contingent business interruption insurance would cover the loss of income due to the supplier's place flooding.

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Vincent

1 months ago

A) business interruption insurance would cover the loss of income due to the supplier's place flooding.

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Shaquana

2 months ago

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

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Marlon

2 months ago

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

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Peggie

2 months ago

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

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Peggie

2 months 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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Alecia

1 months ago

B) contingent business interruption insurance

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Mary

2 months ago

A) business interruption insurance

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Micheal

2 months 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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