Match the descriptions with their terms:
-Losses not directly caused by a peril are called _________________.
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
Q12: A strike on the premises during reconstruction
Q13: Actual total loss occurs when the property
Q14: Boiler and machinery insurance anticipates a substantial
Q15: The limit of liability in a boiler
Q16: Extra expense covers loss incurred during the
Q18: Match the descriptions with their terms:
-_ measure
Q19: Match the descriptions with their terms:
-When property
Q20: Match the descriptions with their terms:
-_ reimburses
Q21: Match the descriptions with their terms:
-Under the
Q22: Match the descriptions with their terms:
-_ are
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