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Match the Descriptions with Their Terms

Question 15

Multiple Choice

Match the descriptions with their terms:
-A/An _________________ is an endorsement that substitutes a dollar amount for the coinsurance percentage with respect to insurance to value provisions in a property insurance contract.


A) agreed amount clause
B) Basic form
C) Boiler and machinery insurance
D) broad form
E) Business income
F) consequential damage endorsement
G) consequential losses
H) Contracts without time element
I) extended-period-of-indemnity endorsement
J) maximum period of indemnity
K) scheduled coverage
L) special form
M) Time-element contracts

Correct Answer:

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