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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Marcelle

6 days ago

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

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Tesha

7 days ago

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

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Queen

7 days 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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Shaquana

8 days ago

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

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Marlon

9 days ago

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

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Peggie

13 days ago

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

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Peggie

13 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

16 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

19 days ago

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

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