Multiple Choice
Identify the losses that occur when an organization is unable to sell its goods or services, and/or unable to produce goods for sale because of direct or indirect loss.
A) Accidental losses
B) Punitive losses
C) Business interruption losses
D) Extra expense losses
E) Preventative losses
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Exclusions exist to limit coverage of nonfortuitous
Q2: To buy an insurance contract, the insured
Q3: Which of the following sections is generally
Q5: Distinguish between direct and indirect loss.
Q6: This section of the insurance contract enumerates
Q7: Nonphysical injury to a person, including damage
Q8: Riders are used with life/health policies, whereas
Q9: When an insurance policy is suspended, the
Q10: Differentiate between conditional and binding receipts.
Q11: Identify the element of the insurance contract