All of the following statements regarding the property policy structure are correct, except:

All of the following statements regarding the property policy structure are correct, except:



a. The insured's duties and obligations are listed in the conditions section


b. The insuring agreement describes the perils that are covered under the policy


c. The Declarations Page lists other parties having an insurable interest in the property


d. Additional coverages are added to the policy for an additional premium



Answer: d. Additional coverages are added to the policy for an additional premium

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