Your insured loses all her business reference books valued at $5,000 in a fire. What will her Homeowners Comprehensive policy pay for the resulting claim? OA) Nothing, because they were not scheduled. OB) $5,000.00 OC) $5,000 less Deductible. OD) $2,000.00

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Your insured loses all her business reference books valued at $5,000 in a fire. What will her Homeowners
Comprehensive policy pay for the resulting claim?
OA) Nothing, because they were not scheduled.
OB) $5,000.00
OC) $5,000 less Deductible.
OD) $2,000.00
Transcribed Image Text:Your insured loses all her business reference books valued at $5,000 in a fire. What will her Homeowners Comprehensive policy pay for the resulting claim? OA) Nothing, because they were not scheduled. OB) $5,000.00 OC) $5,000 less Deductible. OD) $2,000.00
The Personal Articles Floater form is an "All Risks" form used to specifically insure certain valuable items. Which one
(1) of the following special conditions apply to the Personal Articles Floater?
OA) No valuation is required as items are scheduled on a "valued" basis.
OB) Damage caused to a fur coat by moths is covered.
OC) Wear, tear and depreciation are covered.
OD) Limited automatic cover is provided up to thirty (30) days on articles additionally acquired by the insured of
the same type already covered in the floater.
Transcribed Image Text:The Personal Articles Floater form is an "All Risks" form used to specifically insure certain valuable items. Which one (1) of the following special conditions apply to the Personal Articles Floater? OA) No valuation is required as items are scheduled on a "valued" basis. OB) Damage caused to a fur coat by moths is covered. OC) Wear, tear and depreciation are covered. OD) Limited automatic cover is provided up to thirty (30) days on articles additionally acquired by the insured of the same type already covered in the floater.
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