Which of the following statements about the commercial crime insurance policy is true?
A) Loss from the unauthorized disclosure of confidential information is covered.
B) Theft committed by the named insured or his/her partners is covered.
C) Inventory shortages are only covered if proof of loss depends on an inventory computation or on a profit and loss computation.
D) Indirect losses,such as loss of profits after a business is closed because of a burglary,are excluded.
Correct Answer:
Verified
Q31: A bond that guarantees that the person
Q32: Insurer A began to provide crime insurance
Q33: Graham is a cashier at a convenience
Q34: State X hired Build-Right Construction to build
Q35: Which of the following statements is (are)true
Q37: XYZ Insurance Company markets a wide range
Q38: One commercial crime policy condition is "termination
Q39: All of the following statements about a
Q40: Which of the following statements is (are)true
Q41: Which of the following statements is true
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