The problems of insuring business and personal risks are quite common and the same policies can be used for both purposes.
Correct Answer:
Verified
Q12: A third party is not a direct
Q13: Inflation could cause an insured to suffer
Q14: In property insurance, the purpose of coinsurance
Q15: With coinsurance, the burden is placed on
Q16: It is common to exclude war loss
Q18: Some policies restrict coverage to specific geographic
Q19: The contents of a building are included
Q20: It is necessary for insurance contracts to
Q21: In case of loss, the insured has
Q22: An insured usually must provide a formal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents