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A "peril" is an event that may cause a loss under a policy. An "exposure" is a hazard threatening a risk due to internal or external physical conditions. Which one (1) of the following would be considered an exposure under a Condominium Unit Owners Comprehensive policy? OA) Fire. OB) Windstorm. OC) Storage of explosives. OD) Burglary.

A "peril" is an event that may cause a loss under a policy. An "exposure" is a hazard threatening a risk due to internal or external physical conditions. Which one (1) of the following would be considered an exposure under a Condominium Unit Owners Comprehensive policy? OA) Fire. OB) Windstorm. OC) Storage of explosives. OD) Burglary.

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A "peril" is an event that may cause a loss under a policy. An "exposure" is a hazard threatening a risk due to internal or external physical conditions. Which one (1) of the following would be considered an exposure under a Condominium Unit Owners Comprehensive policy? OA) Fire. OB) Windstorm. OC) Storage of explosives. OD) Burglary.
Transcribed Image Text:A "peril" is an event that may cause a loss under a policy. An "exposure" is a hazard threatening a risk due to internal or external physical conditions. Which one (1) of the following would be considered an exposure under a Condominium Unit Owners Comprehensive policy? OA) Fire. OB) Windstorm. OC) Storage of explosives. OD) Burglary.
Your insured's O.A.P. 1 Owner's Policy, covering a private automobile and a recreational vehicle, has an "OPCF 32- Use of Recreational Vehicles by Unlicensed Operators" attached to cover the insured's son who is not licensed. What is the purpose of this change form? 4 O A) It permits the operation of the recreational vehicle on or off the highway. OB) It permits the operation of the recreational vehicle by unlicensed persons only while under the close supervision of a properly registered motor vehicle operator. OC) It restricts the operation of the recreational vehicle to the insured's premises only. OD) It waives compliance with that portion of the statutory conditions dealing with prohibited uses respecting unlicensed operators of the recreational vehicle off a public highway.
Transcribed Image Text:Your insured's O.A.P. 1 Owner's Policy, covering a private automobile and a recreational vehicle, has an "OPCF 32- Use of Recreational Vehicles by Unlicensed Operators" attached to cover the insured's son who is not licensed. What is the purpose of this change form? 4 O A) It permits the operation of the recreational vehicle on or off the highway. OB) It permits the operation of the recreational vehicle by unlicensed persons only while under the close supervision of a properly registered motor vehicle operator. OC) It restricts the operation of the recreational vehicle to the insured's premises only. OD) It waives compliance with that portion of the statutory conditions dealing with prohibited uses respecting unlicensed operators of the recreational vehicle off a public highway.
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