Which of the following statements about the causes-of-loss special form of the ISO commercial package policy is (are)true?
I.The causes-of-loss special form insures against direct physical loss.
II.The causes-of-loss special form excludes loss caused by earthquake.

Question

Quizplus · Accepted Answer

The causes-of-loss special form of the ISO commercial package policy does insure against direct physical loss, and it does exclude loss caused by earthquake. Therefore, both statements I and II are true.

Which of the Following Statements About the Causes-Of-Loss Special Form