Which one of the following statements about the desirability of blanket insurance coverage relative to specific insurance
Question:
Which one of the following statements about the desirability of blanket insurance coverage relative to specific insurance coverage is most accurate? Available answer options Select only one option A Blanket insurance is the preferred method to provide property insurance because it reduces the risk of underinsurance. B Blanket insurance is generally cheaper to purchase because the limits of coverage are lower. C Most underwriters prefer blanket insurance coverage because it is easier to underwrite the multiple locations on a single policy form. D For the purchaser, blanket insurance coverage is preferable because the coinsurance requirements are much lower for blanket insurance.
Fundamentals Of Electric Circuits
ISBN: 9780073301150
3rd Edition
Authors: Matthew Sadiku, Charles Alexander