In respect to Loss Conditions in the Commercial Property Coverage Forms, after a loss has been paid, if the property is recovered. What option does the Named Insured have? O a. Named Insured has an option to take the property and return the loss payment. O b. No options, the loss has been paid. c. The Insurance company can keep the property if the Named Insured does not want it. Od. The Named Insured can take the property back and not pay back the loss payment.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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In respect to Loss Conditions in the Commercial Property Coverage Forms, after a loss has been paid, if the property is recovered.
What option does the Named Insured have?
O a. Named Insured has an option to take the property and return the loss payment.
b. No options, the loss has been paid.
c. The Insurance company can keep the property if the Named Insured does not want it.
d. The Named Insured can take the property back and not pay back the loss payment.
Transcribed Image Text:In respect to Loss Conditions in the Commercial Property Coverage Forms, after a loss has been paid, if the property is recovered. What option does the Named Insured have? O a. Named Insured has an option to take the property and return the loss payment. b. No options, the loss has been paid. c. The Insurance company can keep the property if the Named Insured does not want it. d. The Named Insured can take the property back and not pay back the loss payment.
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