Multiple Choice
Which of the following statements about "open-perils" coverage is (are) true?
I.All losses are covered except those losses specifically excluded.
II.The burden of proof is on the insured to prove that a loss is covered.
A) I only
B) II only
C) both I and II
D) neither I nor II
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Mark owns a building that he insured
Q12: Mark reviewed his homeowners policy.He learned that
Q13: Maggie purchased a life insurance policy.She was
Q14: What information is contained in the insuring
Q15: Laura's medical insurance policy includes a $500
Q17: A special coverage policy is a policy
Q18: Ann Parks and Robert Evans jointly own
Q19: The exclusion of flood in a homeowners
Q20: Shauna hurt her back and was unable
Q21: In determining insurance limits and deductibles,an important