If the insured owns a watch valued at $10,000, full coverage can be provided on a homeowners policy by purchasing the Greg owns several buildings, each at a different location and insured on a separate policy. What type of coverage does Greg have?

If the insured owns a watch valued at $10,000, full coverage can be provided on a homeowners policy by purchasing the Greg owns several buildings, each at a different location and insured on a separate policy. What type of coverage does Greg have?



a) Special

b) Specific

c) Schedule

d) Blanket



Answer: B

Comments

Popular posts from this blog

Give the von Neumann-Morgenstern utility function.

Life income joint and survivor settlement option guarantees