Homework Help is Here – Start Your Trial Now!
Business
Management
Under the homeowners package policy, which form(s) cover smoke damage to the building from a fireplace? A) Broad and Comprehensive Forms OB) It is excluded under all policy forms OC) Broad and Named Perils Form OD) Named Perils Form only Your client leases an automobile on an annual basis from an auto leasing company and asks you to look after the automobile insurance. What special insurance arrangements would be necessary to make certain the insured and spouse would be covered while operating the motor vehicle? OA) No special arrangements are necessary. The O.A.P. 1 Owner's Policy covers your client's spouse automatically. OB) Issue an O.A.P. 1 Owner's Policy in your client's name also advising the insurer of the name of the leasing company. OC) Advise the insured to have the leasing company include the vehicle under its Garage Automobile Policy endorsed to include insured's spouse. OD) Issue an O.A.P. 1 Owner's Policy in the name of both the leasing company and your client with an "OPCF 5- Permission to Rent or Lease Automobiles" endorsement.

Under the homeowners package policy, which form(s) cover smoke damage to the building from a fireplace? A) Broad and Comprehensive Forms OB) It is excluded under all policy forms OC) Broad and Named Perils Form OD) Named Perils Form only Your client leases an automobile on an annual basis from an auto leasing company and asks you to look after the automobile insurance. What special insurance arrangements would be necessary to make certain the insured and spouse would be covered while operating the motor vehicle? OA) No special arrangements are necessary. The O.A.P. 1 Owner's Policy covers your client's spouse automatically. OB) Issue an O.A.P. 1 Owner's Policy in your client's name also advising the insurer of the name of the leasing company. OC) Advise the insured to have the leasing company include the vehicle under its Garage Automobile Policy endorsed to include insured's spouse. OD) Issue an O.A.P. 1 Owner's Policy in the name of both the leasing company and your client with an "OPCF 5- Permission to Rent or Lease Automobiles" endorsement.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
See similar textbooks
icon
Related questions
Question

help asap

Under the homeowners package policy, which form(s) cover smoke damage to the building from a fireplace? A) Broad and Comprehensive Forms OB) It is excluded under all policy forms OC) Broad and Named Perils Form OD) Named Perils Form only
Transcribed Image Text:Under the homeowners package policy, which form(s) cover smoke damage to the building from a fireplace? A) Broad and Comprehensive Forms OB) It is excluded under all policy forms OC) Broad and Named Perils Form OD) Named Perils Form only
Your client leases an automobile on an annual basis from an auto leasing company and asks you to look after the automobile insurance. What special insurance arrangements would be necessary to make certain the insured and spouse would be covered while operating the motor vehicle? OA) No special arrangements are necessary. The O.A.P. 1 Owner's Policy covers your client's spouse automatically. OB) Issue an O.A.P. 1 Owner's Policy in your client's name also advising the insurer of the name of the leasing company. OC) Advise the insured to have the leasing company include the vehicle under its Garage Automobile Policy endorsed to include insured's spouse. OD) Issue an O.A.P. 1 Owner's Policy in the name of both the leasing company and your client with an "OPCF 5- Permission to Rent or Lease Automobiles" endorsement.
Transcribed Image Text:Your client leases an automobile on an annual basis from an auto leasing company and asks you to look after the automobile insurance. What special insurance arrangements would be necessary to make certain the insured and spouse would be covered while operating the motor vehicle? OA) No special arrangements are necessary. The O.A.P. 1 Owner's Policy covers your client's spouse automatically. OB) Issue an O.A.P. 1 Owner's Policy in your client's name also advising the insurer of the name of the leasing company. OC) Advise the insured to have the leasing company include the vehicle under its Garage Automobile Policy endorsed to include insured's spouse. OD) Issue an O.A.P. 1 Owner's Policy in the name of both the leasing company and your client with an "OPCF 5- Permission to Rent or Lease Automobiles" endorsement.
Expert Solution
steps

Step by step

Solved in 4 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON
SEE MORE TEXTBOOKS