"Loss of use" coverage will not provide payment for:

Question

Quizplus · Accepted Answer

"Loss of use" coverage provides payment for the loss of income suffered as a result of an insured peril, such as a fire. However, it does not provide payment for the direct loss caused by the fire itself. Therefore, option B is the correct answer as it contradicts the definition of loss of use coverage. Options A, C, and D are all possible coverages that may be available under other types of insurance policies.

"Loss of Use" Coverage Will not Provide Payment For