Multiple Choice
Which of the following statements is true about inland marine insurance?
A) It is an outgrowth of automobile insurance.
B) It is often on an open-perils basis.
C) It is generally for actual cash value.
D) It is often on a named-perils basis.
E) It includes wear and tear and intentionally caused loss.
Correct Answer:
Verified
Correct Answer:
Verified
Q48: A business is likely to experience some
Q49: Many businesses move property from one location
Q50: In a business owner's policy, seasonal fluctuation
Q51: Write a note on the pollution cleanup
Q52: These provisions of the commercial property policy
Q54: The commercial general liability policy provides open-perils
Q55: Identify the correct statement about payroll endorsements
Q56: Identify exclusion (f) in bodily injury and
Q57: The property portion of the business owners
Q58: Identify the peril that is covered in