CAIB 3 — CAIB New Edition 1.0 Exam Blueprint
Practical CAIB 3 exam blueprint for Insurance Brokers Association of Canada candidates reviewing commercial liability, automobile, specialty coverage, documentation, claims, and broker judgment.
How to Use This Exam Blueprint
Use this independent checklist while preparing for the Insurance Brokers Association of Canada exam CAIB New Edition 1.0 - CAIB 3, exam code CAIB 3. It is designed as a practical readiness map: what to review, what decisions you should be able to make, and where candidates often lose marks.
Because official weights can change, the areas below are not presented as weighted sections. Treat them as readiness areas to confirm against your current CAIB 3 course materials, policy wordings, provincial references, and instructor guidance.
For each row, mark yourself:
- Ready: I can apply this in a scenario without notes.
- Review: I know the concept but miss details or exceptions.
- Relearn: I need to rebuild the concept from the course text.
Topic-area readiness table
| Readiness area | What to review | You are ready when you can… |
|---|---|---|
| Commercial client fact-finding | Legal name, operations, locations, revenue/payroll, vehicles, contracts, subcontractors, products, completed work, prior claims | Turn raw client facts into a list of liability, auto, and specialty exposures |
| Broker duty and documentation | Advice, disclosure, material facts, client instructions, insurer requirements, binders, certificates, endorsements, renewal notes | Explain what must be documented and why a verbal assumption is dangerous |
| Liability foundations | Negligence, legal liability, damages, third-party claims, vicarious liability, contractual liability, defence costs | Decide whether a fact pattern is a liability issue, a property issue, an auto issue, or a professional advice issue |
| Commercial General Liability logic | Insuring agreements, exclusions, definitions, conditions, limits, aggregates, endorsements | Read a CGL-style scenario in policy order: insuring agreement first, then exclusions, then exceptions, then conditions and limits |
| Bodily injury and property damage | Premises operations, ongoing operations, completed operations, products, damage to rented premises | Identify the likely coverage path and the exclusions that may limit it |
| Personal and advertising injury | Libel, slander, publication, advertising injury, wrongful eviction or similar wording where applicable | Distinguish reputational or advertising-related claims from physical injury/property damage claims |
| Products and completed operations | Product hazards, work completed away from premises, defective work, resulting damage | Recognize when a loss occurs after delivery or completion and what aggregate may matter |
| Care, custody, or control | Property being worked on, stored, transported, borrowed, rented, or controlled by the insured | Explain why liability coverage may not replace first-party property coverage |
| Contractual risk transfer | Hold harmless agreements, indemnity clauses, additional insured requests, waivers of subrogation, certificates | Separate contract obligations from what the insurance policy actually covers |
| Occurrence vs claims-made | Trigger, policy period, retroactive date, reporting, extended reporting period, prior knowledge | Explain why the date of injury, date of claim, and date reported may lead to different answers |
| Umbrella and excess liability | Underlying insurance, follow-form, drop-down, retained limit, broader/narrower wording | Determine whether the excess layer responds after the primary layer and what conditions must be met |
| Commercial automobile | Ownership, leased vehicles, hired vehicles, non-owned vehicles, drivers, radius, use, physical damage, provincial terms | Match the vehicle exposure to the correct auto coverage path instead of forcing it into CGL |
| Garage or auto service risks | Customer vehicles, test drives, dealer plates, repair operations, premises liability, garage-related endorsements | Distinguish premises liability from custody/control of customer autos and road-use exposure |
| Specialty liability coverages | Professional liability, directors and officers, employment practices, cyber/privacy, environmental, wrap-up, aviation or marine if in your materials | Identify the coverage type that fits the exposure and why CGL alone may be insufficient |
| Surety and bonds, if included | Principal, obligee, surety, performance, labour/material, fidelity/crime distinction | Explain why a bond is not the same as an insurance policy |
| Claims handling | Notice, cooperation, no admission of liability, investigation, defence, settlement, subrogation, reservation of rights | Describe the broker’s role without taking over the adjuster’s or insurer’s role |
| Underwriting and rating basics | Exposure base, classifications, deductibles, self-insured retention, loss experience, minimum premiums | Interpret basic premium, loss ratio, and exposure information supplied in a question |
| Compliance and ethics | Licensing context, privacy, conflicts, misrepresentation, fair dealing, trust/accounting discipline where relevant | Choose the action that protects the client, insurer, brokerage, and public interest |
Core commercial-broker workflow checklist
Before you drill individual coverages, make sure you can work through a full account review.
Client and risk discovery
Can you gather and interpret these facts?
- Correct legal name of the insured, trade names, subsidiaries, joint ventures, and related entities
- Business operations: what the client actually does, not just the class code
- Premises: owned, leased, occupied, vacant, shared, seasonal, or temporary locations
- Revenue, payroll, sales split, territory, import/export activity, and contractual obligations
- Products made, sold, distributed, installed, repaired, imported, or rebranded
- Completed operations and work performed away from the premises
- Subcontractor use, certificates collected, indemnity agreements, and quality-control process
- Owned, leased, hired, borrowed, and employee-owned vehicles used for business
- Professional advice, design, specifications, inspection, consulting, or certification services
- Prior losses, near misses, declined claims, cancellations, non-renewals, or special terms
- Requested additional insureds, waivers, primary/non-contributory wording, or contract limits
- Any operations outside the “normal” business description, including incidental or new activities
Coverage recommendation workflow
flowchart TD
A[Client fact pattern] --> B[Identify insured, operation, date, location]
B --> C[What caused the loss or claim?]
C --> D{Main exposure type?}
D -->|BI/PD from operations| E[CGL-style analysis]
D -->|Vehicle ownership/use| F[Commercial auto analysis]
D -->|Professional advice/design| G[Professional liability analysis]
D -->|Privacy/network/data| H[Cyber/privacy analysis]
D -->|Contract/bond obligation| I[Surety or risk-transfer analysis]
E --> J[Check exclusions, exceptions, limits, endorsements]
F --> J
G --> J
H --> J
I --> J
J --> K[Document advice, client decision, and next action]
Commercial General Liability readiness
CAIB 3 candidates should be comfortable applying liability coverage logic to practical broker scenarios. The goal is not just to memorize definitions; it is to decide whether a policy part responds, what may exclude or limit coverage, and what additional coverage may be needed.
CGL-style policy anatomy
| Policy component | What to know | Exam-style question cue |
|---|---|---|
| Named insured | Who is covered and for which operations | A subsidiary, landlord, contractor, or newly acquired entity appears in the facts |
| Insuring agreement | The initial promise of coverage | The question asks whether the claim falls within bodily injury, property damage, or another coverage grant |
| Definitions | Specific meanings for terms such as occurrence, product, property damage, employee, leased worker, or insured contract | A common word is used in a technical policy sense |
| Exclusions | What the policy removes from coverage | The fact pattern includes auto use, professional advice, pollution, employer injury, care/custody/control, or damage to the insured’s work |
| Exceptions to exclusions | Situations where some coverage is restored | The wording appears to exclude the loss, but a carve-back may apply |
| Conditions | Duties after loss, notice, cooperation, other insurance, subrogation | The insured delays reporting, admits liability, or settles without consent |
| Limits and aggregates | Each occurrence, general aggregate, products-completed operations aggregate, sublimits where applicable | Multiple claims or a high-loss scenario tests limit application |
| Endorsements | Added, removed, or changed coverage | A contract requires additional insured wording or the insurer modifies an exclusion |
| Declarations | Named insured, limits, forms, endorsements, premium, policy period | The answer depends on who, when, where, and what limit applies |
CGL coverage decision checks
| Scenario cue | Ask yourself | Likely readiness issue |
|---|---|---|
| Customer slips in the insured’s store | Is there alleged negligence tied to premises operations? | Premises liability and defence obligation |
| Contractor damages part of a client’s building while working | Was the property in the insured’s care, custody, or control? Was it the part being worked on? | Damage to property, your work, custody/control exclusions |
| Product fails after sale and injures a user | Is this a products-completed operations exposure? | Product hazard, aggregate, recall distinction |
| Completed installation causes water damage months later | Is the operation completed? What is damaged: the work itself or other property? | Completed operations and faulty workmanship traps |
| Consultant gives incorrect design advice | Is the claim based on professional services rather than accidental BI/PD? | Need for professional liability |
| Employee is injured at work | Is this a workers’ compensation or employer liability issue? | Employee injury exclusions and provincial context |
| Company vehicle causes injury on the road | Is auto ownership/use the source of liability? | Auto exclusion and commercial auto coverage |
| Contract requires the client to indemnify a landlord | Does the policy cover the assumed obligation? Is additional insured wording needed? | Contractual liability vs insurance evidence |
| Pollution escapes from premises | Is pollution sudden, gradual, excluded, limited, or separately insured under the wording studied? | Pollution exclusion and environmental coverage |
| Several claims arise from one product defect | Are they one occurrence or multiple? Which aggregate applies? | Limits and aggregate analysis |
“Can you do this?” CGL checklist
- Explain the difference between legal liability and simply causing damage.
- Identify the claimant, insured, injury/damage, alleged negligent act, and timing.
- Determine whether the claim is for bodily injury, property damage, personal injury, advertising injury, or another category.
- Apply the insuring agreement before jumping to exclusions.
- Spot when an exclusion points to another policy, such as auto, professional liability, workers’ compensation, or property.
- Explain products-completed operations in plain language.
- Distinguish damage to the insured’s own work from damage to other property.
- Recognize why recall, replacement, or loss of market may not be treated like third-party property damage.
- Explain what an aggregate limit does and why repeated claims matter.
- Describe why an additional insured endorsement is stronger than merely issuing a certificate.
- Explain why a certificate of insurance does not amend the policy.
- Identify when an insurer’s consent is needed before admitting liability or settling.
- Explain how defence costs may affect or not affect limits, based on the wording supplied in the question.
Occurrence, claims-made, and reporting traps
This is a high-value readiness area because small date changes can change the answer.
| Concept | What to know | Can you apply it? |
|---|---|---|
| Occurrence trigger | Coverage is commonly tied to injury or damage occurring during the policy period, subject to wording | Given injury date, discovery date, and report date, choose the relevant policy period |
| Claims-made trigger | Coverage is commonly tied to the claim first being made during the policy period, subject to reporting terms | Identify why late reporting or prior knowledge may be a problem |
| Retroactive date | Limits coverage for acts before a specified date | Explain why continuous coverage matters |
| Extended reporting period | Allows reporting of claims after expiry for covered prior acts, depending on terms | Distinguish reporting extension from new coverage for new acts |
| Prior and pending matters | Known facts before policy inception may be excluded | Spot a scenario where the insured knew of a likely claim before buying coverage |
| Claims reporting | Timely notice and cooperation are key duties | Choose the best broker instruction after a client receives a demand letter |
Commercial automobile and garage readiness
Use your current CAIB 3 materials for the exact provincial terminology and forms. For readiness purposes, focus on the decision logic: who owns or uses the vehicle, what the vehicle is doing, who is driving, and whether the exposure belongs under auto, CGL, garage, cargo, or another coverage.
Commercial auto exposure map
| Exposure | What to review | Ready when you can… |
|---|---|---|
| Owned vehicles | Vehicle type, use, territory, radius, driver class, commodities carried, gross vehicle weight where relevant | Match the vehicle to business use and underwriting concerns |
| Leased vehicles | Short-term vs long-term use, who must insure, contract obligations | Identify when the named insured needs coverage or proof from another party |
| Hired vehicles | Vehicles rented or hired for business use | Decide whether hired auto coverage is needed |
| Non-owned vehicles | Employee or third-party vehicles used on company business | Explain why the employer may still face liability |
| Fleet exposures | Multiple vehicles, driver controls, maintenance, loss history | Identify underwriting information needed for a fleet account |
| Physical damage | Collision, comprehensive or specified perils terminology as used in your materials | Distinguish liability to others from damage to the insured’s own vehicle |
| Accident benefits / compulsory coverages | Provincial requirements and terminology as presented in your course materials | Avoid assuming one province’s rules apply everywhere |
| Cargo and property being transported | Goods in transit, carrier liability, owned property, customer property | Decide whether auto liability is enough or cargo/marine coverage is needed |
| Garage operations | Dealers, repair shops, service stations, parking risks, test drives, customer autos | Separate road liability, premises liability, and customer vehicle damage |
| Driver risk | Licensing, experience, convictions, training, MVRs where applicable | Identify why underwriting may surcharge, restrict, or decline |
Auto scenario prompts
Can you choose the likely coverage direction?
- Employee uses a personal car to visit clients and causes an accident.
- Delivery van owned by the business damages another vehicle.
- Rented truck is used for a one-day event.
- Repair shop employee test-drives a customer’s vehicle and has a collision.
- Customer slips in the showroom of an auto dealer.
- Cargo is damaged while being transported for a customer.
- A vehicle is modified for a special business use.
- A driver has a poor record and the insurer adds a restrictive endorsement.
- A client assumes that CGL covers every liability claim involving the business.
- A certificate is requested for a contract involving vehicles, drivers, and cargo.
Specialty and complementary coverage readiness
CAIB 3-style scenarios often test whether you can identify the coverage gap, not just define the product. Confirm which specialty forms are included in your current materials, then use the distinctions below.
| Coverage area | Best fit when… | Not a substitute for… | Common trap |
|---|---|---|---|
| Professional liability / E&O | The claim arises from advice, design, consulting, inspection, certification, or professional service | CGL for bodily injury/property damage from general operations | Assuming CGL covers financial loss from bad advice |
| Directors and officers liability | Directors or officers are personally alleged to have committed wrongful acts in management decisions | Commercial crime, CGL, or employment benefits | Confusing corporate reimbursement with individual protection |
| Employment practices liability | Wrongful dismissal, discrimination, harassment, or employment-related allegations | Workers’ compensation or general liability | Treating employee disputes as ordinary CGL claims |
| Cyber/privacy liability | Data breach, privacy notification, network security, cyber extortion, digital business interruption | Property, crime, or CGL without specific cyber wording | Assuming “computer damage” is always property insurance |
| Environmental / pollution liability | Pollution conditions, cleanup, third-party environmental damage, gradual releases | Standard CGL where pollution is excluded or restricted | Ignoring gradual pollution and regulatory cleanup exposure |
| Umbrella / excess liability | Higher limits are needed above scheduled underlying policies | Primary coverage for uninsured exposures unless wording allows | Assuming every umbrella is broader than the underlying policy |
| Wrap-up liability | A construction project needs coordinated liability protection for multiple participants | Contractor’s regular annual CGL in every situation | Failing to identify who is included and project duration |
| Marine / cargo, if included | Goods in transit, carrier liability, ocean/inland transit, customer goods | Commercial auto liability | Confusing liability for a vehicle accident with damage to goods |
| Aviation, if included | Aircraft ownership, operation, hangar, airport, drones where applicable | Standard CGL or auto | Missing aircraft exclusions or special underwriting |
| Surety bonds, if included | A third party requires guarantee of performance, payment, license, permit, or fidelity-type obligation | Insurance indemnity for accidental loss | Forgetting the three-party relationship and indemnity back to the surety |
Contract, certificate, and additional insured checks
Contract wording is a common source of broker judgment questions. Be ready to slow down and separate legal obligations from insurance coverage.
| Item | What it does | What it does not do |
|---|---|---|
| Contract indemnity clause | Allocates responsibility between contracting parties | Automatically make the insurer cover every assumed obligation |
| Additional insured endorsement | Extends insured status for specified liability, subject to wording | Provide unlimited coverage for all acts of the additional insured |
| Certificate of insurance | Provides evidence of insurance at a point in time | Amend, broaden, or guarantee coverage |
| Waiver of subrogation | Limits insurer’s right to recover from a specified party when endorsed or permitted | Remove all policy conditions or exclusions |
| Primary/non-contributory wording | Addresses order of response among policies when properly endorsed | Create coverage where none exists |
| Hold harmless agreement | Requires one party to protect another from certain claims | Replace broker review of policy wording and insurer approval |
| Binder | Temporarily confirms coverage according to authority and terms | Substitute for careful follow-up on policy issuance and endorsements |
Contract scenario readiness
- Can you explain why the broker should request and review insurance requirements before binding coverage?
- Can you identify when the requested limit exceeds the existing policy limit?
- Can you spot when contract wording requires coverage the insured does not currently have?
- Can you explain why insurer approval may be required for special wording?
- Can you tell the client what a certificate can and cannot prove?
- Can you document the client’s decision if they decline recommended coverage or limits?
Claims-handling readiness
The exam may test the broker’s proper role after a loss. The broker should assist, communicate, and document, but should not make coverage promises beyond authority or interfere with claims adjustment.
| Claims issue | Candidate should know | Best exam answer usually avoids… |
|---|---|---|
| Notice of loss | Prompt reporting protects rights under the policy | Telling the client to wait until all facts are known |
| Admissions | Insured should avoid admitting liability without insurer consent | Advising the client to apologize in a way that admits legal fault |
| Defence | Liability policies may provide or fund defence, subject to wording | Assuming the insured can choose any defence strategy without insurer input |
| Reservation of rights | Insurer may investigate while reserving coverage position | Treating investigation as automatic acceptance of coverage |
| Subrogation | Insurer may pursue responsible third parties after paying | Waiving rights without authority |
| Deductible or SIR | The insured may retain part of the loss | Treating retained amounts as irrelevant to claim strategy |
| Claims-made reporting | Reporting timing can determine coverage | Missing a demand letter, email allegation, or circumstance notice |
| Broker documentation | Notes should record facts, advice, instructions, and follow-up | Relying on memory or informal messages only |
| Coverage disputes | Broker may facilitate communication and escalate | Guaranteeing a claim will be paid |
Underwriting, rating, and calculation checks
CAIB 3 is primarily an applied coverage and broker-judgment exam, but you should still be ready for basic commercial insurance math and interpretation.
\[ \text{Premium} = \text{Rate} \times \text{Exposure Base} \]\[ \text{Loss Ratio} = \frac{\text{Incurred Losses}}{\text{Earned Premium}} \]\[ \text{Pro Rata Earned Premium} = \text{Annual Premium} \times \frac{\text{Days in Force}}{\text{Policy Term Days}} \]| Calculation or interpretation | What to practise | Common error |
|---|---|---|
| Rate times exposure | Apply a rate to payroll, sales, vehicles, receipts, area, or another supplied exposure base | Using the wrong exposure base or ignoring units |
| Minimum premium | Recognize that a policy may not reduce below a stated premium | Refunding too much on cancellation |
| Pro rata cancellation | Calculate earned and unearned premium based on time in force when instructed | Mixing up earned and returned premium |
| Short-rate cancellation | Apply only if the method or table is supplied or clearly required by course materials | Inventing a short-rate factor |
| Loss ratio | Compare incurred losses to earned premium | Using written premium when earned premium is required |
| Deductible | Apply the insured’s share to covered losses as stated | Subtracting the deductible from an uncovered loss |
| Self-insured retention | Recognize the insured may handle/pay below the retention before insurer response | Treating SIR exactly like every deductible |
| Aggregate remaining | Track how multiple losses reduce an annual aggregate when the wording says so | Applying a per-occurrence limit as if it resets the aggregate |
| Limits and sublimits | Identify the applicable limit for a specific coverage part or endorsement | Choosing the declarations page limit without checking sublimits |
Broker ethics, compliance, and professional judgment
Use the law, regulation, and codes applicable in your study materials and province. The exam is likely to reward conservative professional conduct: disclose, document, confirm authority, protect confidential information, and avoid promises outside your role.
Professional-conduct checklist
- Disclose material facts to the insurer accurately and promptly.
- Do not alter client answers or applications to obtain a better result.
- Explain significant exclusions, limitations, warranties, subjectivities, and client obligations.
- Confirm binding authority before promising coverage.
- Document quotes, recommendations, coverage refusals, and client instructions.
- Protect confidential client information.
- Avoid conflicts of interest or disclose/manage them according to required practice.
- Handle premiums and trust/accounting duties according to brokerage and regulatory requirements.
- Do not issue misleading certificates.
- Escalate complex contract, claims, or coverage issues to the appropriate insurer, manager, or specialist.
- Keep renewal reviews current when operations, vehicles, revenue, or contracts change.
- Communicate cancellation, non-renewal, and policy changes clearly and on time.
High-yield decision prompts
Work through these without notes. If you hesitate, return to the related policy wording or course chapter.
| Prompt | What the exam is testing |
|---|---|
| A contractor signs a lease requiring the landlord to be added as additional insured. What should the broker do before issuing evidence? | Authority, endorsement need, certificate limits, contract review |
| A client says, “My employee’s personal car is covered by their own insurance, so my company has no exposure.” Is that safe? | Non-owned auto and employer liability exposure |
| A claim is first made after a claims-made policy expires, but the alleged error happened during the policy period. What details matter? | Reporting period, retroactive date, prior knowledge, ERP |
| A product sold last year causes injury this year. What coverage area should you consider? | Products-completed operations and occurrence timing |
| A customer’s vehicle is damaged while in a repair shop’s possession. Is ordinary CGL enough? | Garage/customer auto custody exposure |
| A consultant’s report causes the client financial loss but no bodily injury or property damage. What coverage is likely needed? | Professional liability / E&O |
| A contract requires a waiver of subrogation and primary/non-contributory wording. Can the broker simply type that on a certificate? | Certificate authority and endorsement requirements |
| A pollution condition develops gradually over several months. What should you check? | Pollution exclusions, environmental coverage, reporting duties |
| Multiple claims arise from the same defective product batch. What limit issue matters? | Occurrence count and aggregate depletion |
| The insured receives a demand letter and wants to negotiate directly. What should the broker advise? | Prompt notice, no admission, insurer control of defence/settlement |
Common weak areas and traps
| Weak area | Why it causes missed questions | Fix before exam day |
|---|---|---|
| Jumping straight to exclusions | Candidates skip the insuring agreement and misread the coverage path | Use the same order every time: grant, exclusions, exceptions, conditions, limits |
| Treating CGL as “all liability” | Auto, professional, pollution, employment, and cyber exposures often need separate analysis | Build a coverage-distinction matrix |
| Confusing additional insured with certificate holder | A certificate holder may only receive evidence; additional insured status requires policy wording | Review certificates and endorsements side by side |
| Ignoring named insured accuracy | Wrong legal entities can create serious coverage gaps | Practise identifying who needs to be insured |
| Misreading occurrence and claims-made timing | Date of act, date of injury, date of claim, and date reported may differ | Draw a timeline for every timing question |
| Forgetting aggregates | A claim may fit coverage but still be limited by aggregate exhaustion | Track each occurrence and annual aggregate separately |
| Assuming contracts are automatically insured | Contractual promises can exceed policy coverage | Separate contract risk from insurance response |
| Overlooking care, custody, or control | Property in the insured’s possession may not be covered as expected | Ask who owned the property and why the insured had it |
| Mixing auto and CGL | Vehicle ownership/use often follows auto coverage, not CGL | Identify the cause of liability before choosing the policy |
| Overpromising in claims | Broker support is not the same as claim approval | Use careful language and report promptly |
| Memorizing provincial auto terms without context | Canadian auto terminology and compulsory coverages can vary | Follow the terminology in your assigned materials |
| Weak documentation habits | Many best-answer questions turn on what a prudent broker should record | Practise writing the note you would put in the file |
Final-week checklist
Seven to five days before
- Re-read the CAIB 3 learning objectives and compare them to this checklist.
- Create a one-page CGL map: coverage grants, key exclusions, limits, conditions, endorsements.
- Create a one-page auto map: owned, hired, leased, non-owned, garage, cargo, driver issues.
- Build a glossary of terms you confuse: occurrence, aggregate, products-completed operations, additional insured, certificate holder, SIR, retroactive date.
- Redo every missed practice question and write the reason you missed it.
- Practise at least one mixed set where questions are not grouped by topic.
Four to two days before
- Drill scenario classification: CGL, auto, professional, cyber, environmental, umbrella, surety, or claim procedure.
- Review contract and certificate scenarios.
- Review claims-made timing with simple timelines.
- Practise basic premium, pro rata, loss ratio, deductible, and aggregate calculations if they appear in your materials.
- Review broker ethics and documentation standards.
- Make a list of remaining weak areas and resolve them using the course text, not guesswork.
Final day
- Stop trying to learn brand-new topics late unless they are essential.
- Review your personal error log.
- Rehearse the coverage-analysis order.
- Confirm exam logistics and allowed materials.
- Sleep, hydrate, and avoid last-minute panic memorization.
Exam-day reasoning checklist
When a question feels ambiguous, slow down and ask:
- Who is insured? Named insured, additional insured, employee, executive, contractor, customer, or third party?
- What happened? Injury, property damage, financial loss, data breach, auto accident, professional error, contract dispute?
- When did it happen? Act date, injury date, claim date, report date, policy period, retroactive date?
- Where did it happen? Premises, away jobsite, vehicle, online environment, outside territory?
- Which policy responds first? CGL, auto, professional, specialty, umbrella, bond, or no clear coverage?
- What limits or exclusions matter? Per occurrence, aggregate, sublimit, deductible, SIR, endorsement, warranty, condition?
- What should the broker do? Advise, disclose, document, report, request endorsement, confirm authority, or escalate?
Practical next step
Next, take a mixed set of CAIB 3-style practice questions and tag every miss by checklist area: liability logic, auto, specialty coverage, claims, calculations, or broker conduct. Your final review should focus on the tags that repeat, not on rereading topics you already apply confidently.