What are the typical perils that are excluded under a Rented Property Policy form? OA) Vandalism, malicious acts, sewer back up, and theft OB) Sewer back up, overland water, damage done by animals, and smoke OC) Theft, damage done by animals, falling objects, vandalism D) Sewer back up, ground water, falling objects, smoke damage
What are the typical perils that are excluded under a Rented Property Policy form? OA) Vandalism, malicious acts, sewer back up, and theft OB) Sewer back up, overland water, damage done by animals, and smoke OC) Theft, damage done by animals, falling objects, vandalism D) Sewer back up, ground water, falling objects, smoke damage
Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Transcribed Image Text:What are the typical perils that are excluded under a Rented Property Policy form?
OA) Vandalism, malicious acts, sewer back up, and theft
OB) Sewer back up, overland water, damage done by animals, and smoke
OC) Theft, damage done by animals, falling objects, vandalism
OD) Sewer back up, ground water, falling objects, smoke damage
Transcribed Image Text:Which one (1) of the following practices is NOT considered to be misconduct"?
OA) The use of an illustration circular or memorandum that is incomplete and does not clearly represent the
terms, benefits or advantages of any policy.
OB) The use of any incomplete comparison of any policy or contract of the insurance with that of another insurer
for the purpose of inducing an insured to lapse, forfeit or surrender a policy or contract.
OC) Quoting an insurance premium to a policy holder or prospective policy holder that is less than a competitor's
quotation with the intention of influencing the placing of an insurance policy or renewal.
D) Holding himself/herself out, or advertising, or carrying on business in any other manner than the name in
which the firm is registered.
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