Multiple Choice
Which of the following is not an indirect loss?
A) loss of rental income after a flood
B) continuing expenses during a shutdown after a loss
C) extra expenses after a loss to keep the business going
D) loss of inventory in a flood
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Commercial insurance contracts covering the fire peril
Q20: "Fire" means rapid combustion accompanied by heat,
Q21: Ocean marine policies are typically "specified perils"
Q31: Which of the following factors would not
Q34: Which of the following is not a
Q35: Which of the following factors would generally
Q38: Reporting forms for inventory insurance require the
Q44: Floater policies are used to insure:<br>A) property
Q47: An office building is an example of:<br>A)
Q54: List and explain the major types of