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Property part I

Types Policies part 1

QuestionAnswer
Which of the following might be included as a Supplementary Payment in a liability policy * Premium for bail or appeal bond *Reasonable investigation expenses the insured incurs at the company's request *First aid cost
In a liability loss, the person to whom the insured caused damage is referred to as the third party
All of the following are extended coverage perils except Sleet agua nieve
The Dwelling Basic form automatically provides coverage against fire , lighting and Internal explosion
The dwelling Special Form provides *Open peril coverage on the dwelling and *Named peril on the personal property
The glass or safety glazing Material other coverage is included in the DP2 and DP3
Additional living expenses coverage which is included under the broad and special dwelling forms protects the insured against Extra living cost incurred when the home becomes uninhabitable due to damage by the peril insured against
With the exception of rowboats and canoes and property belonging to guests or servants , the DP-1 form covers personal property off premises Anywhere in the world for up to 10% of the coverage C Amount
What coverage's are included in the dwelling policy?assume there are no endorsements attached *property coverage for homes, other structure and personal property *Fair rental value Coverage
Which dwelling forms pay losses to dwellings and other structures on an actual cash value basis? DP-1
Which dwelling forms pay losses to dwelling and other structures on a replacement cost basis DP2-DP3
Which dwelling forms pay losses t personal property in an actual cash value basis DP1-2-3
Created by: juanjd12
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