While the BOP Special Form is a special peril/all-risk policy, which of the following is an exclusion on the policy?

a. Burglary

b. Damage from birds or insects

c. There are no exclusions on a special peril/all-risk policy.

d. Fire

Answer: B

Business Owners Policy

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

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