Multiple Choice
This insurance policy provides businesses coverage on a blanket, replacement-cost basis without a coinsurance provision to sufficiently large accounts.The program also provides options to value property at actual cash value, agreed value, or (for buildings) functional replacement cost.Under the program, "Business income and extra expense coverages are written into the form and can be activated by entries on the policy declaration page." Identify this insurance policy.
A) Inland marine insurance
B) Business owners program
C) Oceans marine insurance
D) Capital asset program
E) Commercial aviation program
Correct Answer:

Verified
Correct Answer:
Verified
Q24: The umbrella policy excludes medical expense coverages.
Q25: The insured can purchase this option found
Q26: Which of the following is excluded in
Q27: Inland marine insurance is an outgrowth of
Q28: The _ policy provides excess coverage over
Q30: The commercial package policy program was started
Q31: In a building and personal property policy,
Q32: If the value of the property is
Q33: _ insurance protects against loss that results
Q34: The business income coverage policy protects against