True/False
The exclusions in a named-perils policy are more definitive of coverage than in an open-perils policy.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q41: _ refers to losses caused by characteristics
Q42: The _ receipt provides interim coverage while
Q43: A(n) _ policy was formerly called "all
Q44: Identify the policy that covers losses caused
Q45: In property/casualty insurance, an agent who has
Q47: The comprehensive glass policy insures against all
Q48: Two factors influence the granting of binding
Q49: Losses due to wear and tear are
Q50: More insurance is bought rather than sold.
Q51: In an insurance policy, it states that