5 Questions
Which type of policy can be issued with permitted 'Add-on' covers?
Only Standard Fire and Special Perils Policy
What should Policy(ies) covering Buildings and/or contents show?
Blockwise separate amounts on Building, Machinery, Stock, and Furniture
As per the text, when can the Storm, Tempest, Flood, and Inundation perils be excluded from the policy?
At inception of the Policy only
What shall the general exclusions include when the Storm, Tempest, Flood, and Inundation perils are deleted from the scope of the policy?
These perils
As per the text, what is permissible when excluding the Storm, Tempest, Flood, and Inundation perils from the policy?
Excluding the relevant perils from the entire property in one complex/compound/location
Test your knowledge of insurance tariff regulations with this quiz. Explore the rules and regulations applicable to different sections of the tariff, and understand the specific policy requirements, including permitted "Add-on" covers. Ideal for insurance professionals and those seeking to expand their understanding of insurance policies for land-based properties.
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