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CMFASPrepStudyingRES5
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Financial advisory
RES5Financial Advisory Services✓Engineering insurance is usually grouped into two broad families. Which pairing correctly describes them?
The branch splits into construction/erection covers during building or installation (CAR and EAR) and operational covers for plant already in service (machinery breakdown and boiler & pressure vessel).
Grouping engineering covers by unrelated classes of business rather than by construction versus operational phase.
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