7 Questions
What type of liability coverage would be important for loss resulting from the taking of property by a person breaking into the premises?
Premises liability
How is loss resulting from the taking of property by a person breaking into the premises defined?
Burglary
What is the limit of coverage provided for an insured's records under most commercial property insurance policies?
70% of blank value
What is the chief objective of replacement cost insurance?
No deductions for depreciation
What does 'considerations' refer to in the context of insurance?
Premium charged
What does an unlicensed vehicle policy cover?
For all types of vehicles
In a contract of insurance, which document is issued when an insurer wants to change the terms of an existing policy?
Endorsement
Test your knowledge of premises liability with this quiz. Answer questions about the duty of care towards different types of visitors, the definition of personal injury, and examples of premises for liability coverage on home owner insurance.
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