A Difference Between a Contract Issued on a "Named Peril

Multiple Choice

A difference between a contract issued on a "named peril" basis versus an "open peril" or "all-risk" basis is:

A) the "named peril" contract usually covers more perils
B) the "named peril" contract is usually more expensive than the "open peril" contract
C) in the "named peril" contract the insured must prove the peril is covered where in the "open peril" contract the burden of proof is on the insurer to show no coverage
D) in the "open peril" or "all risk" contract there are no exclusions to loss