One inland marine coverage form is the accounts receivable coverage form.In which of the following cases would the purchaser of this form (the insured)be indemnified through the coverage?

Question

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The accounts receivable coverage form provides coverage for loss resulting from an insured's inability to collect outstanding accounts receivable due to specific causes of loss listed in the policy. One of the covered perils is the physical loss or destruction of accounting records necessary to determine the amount of accounts receivable outstanding. Therefore, if the insured cannot collect accounts receivable due to the destruction of records, they would be indemnified through this coverage form. Insolvency of the purchaser, insured physical damage loss, or extending credit to poor credit risks are not covered perils under this form.

One Inland Marine Coverage Form Is the Accounts Receivable Coverage