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It Is Important to Understand the Nature of Such a Policy

Question 63

Multiple Choice

It is important to understand the nature of such a policy because the insured has to look for what is not covered rather than what is covered.Identify this perils policy.


A) Named-perils policy
B) Open-perils policy
C) Flexible-perils policy
D) No risk perils policy
E) Closed-perils policy

Correct Answer:

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