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 risk of 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 covers risks of direct physical loss but typically excludes certain perils like earthquakes unless specifically added through endorsements.

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