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:

Verified
Correct Answer:
Verified
Q10: Match the descriptions with their terms:<br>-_ is
Q11: Actual total loss occurs when the property
Q12: In boiler and machinery insurance, the portion
Q13: The business owner's program has a mandatory<br>A)
Q14: Match the descriptions with their terms:<br>-When property
Q16: Seasonal variations do not generally affect business
Q17: Extra expense covers loss incurred during the
Q18: Leasehold interest insurance covers loss of rental
Q19: A strike on the premises during reconstruction
Q20: Match the descriptions with their terms:<br>-_ measure