Solved

Match the Descriptions with Their Terms

Question 22

Multiple Choice

Match the descriptions with their terms:
-_________________ are used to insure those losses that result from fire, but where the loss cannot be measured by damage to property or time elapsed.


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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