Identify the major types of commercial property that can be insured under an inland marine insurance policy.
Answer to relevant QuestionsIdentify the causes of loss that are covered under the following forms:a. Causes-of-loss basic formb. Causes-of-loss broad formc. Causes-of-loss special forma. What is the difference between a particular average loss and a general average loss in ocean marine insurance?b. What conditions must be fulfilled to have a general average loss?A surgeon is insured under a physicians, surgeons, and dentists professional liability policy. Explain whether the following situations are covered by the professional liability policy. Treat each situation separately.a. An ...A workers compensation policy contains several coverages. Briefly explain each of the following coverages:a. Part One: Workers Compensation Insuranceb. Part Two: Employers Liability Insurancec. Part Three: Other States ...Vasquez Construction has been awarded a contract by a local school board to build a new public school and must provide a performance bond.a. With respect to the performance bond, identify the principal, surety, and ...
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