A business owners policy (BOP) contains a number of coverages. Explain the following: a. Coverage of buildings
Question:
a. Coverage of buildings
b. Coverage of business personal property
c. Covered causes of loss
d. Additional coverages provided by the BOP
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (15 reviews)
a The BOP covers the buildings described in the declarations including completed additions fixtures and outdoor fixtures and permanently installed mac...View the full answer
Answered By
Sultan Ghulam Dastgir
The following are details of my Areas of Effectiveness English Language Proficiency, Organization Behavior , consumer Behavior and Marketing, Communication, Applied Statistics, Research Methods , Cognitive & Affective Processes, Cognitive & Affective Processes, Data Analysis in Research, Human Resources Management ,Research Project,
Social Psychology, Personality Psychology, Introduction to Applied Areas of Psychology,
Behavioral Neurosdence , Historical and Contemporary Issues in Psychology, Measurement in Psychology, experimental Psychology,
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
Question Posted:
Students also viewed these Corporate Finance questions
-
The Personal Auto Policy (PAP) contains several coverages that meet the insurance needs of typical insureds. For each of the following coverages, briefly describe the type of coverage provided, and...
-
A workers compensation policy contains several coverages. Briefly explain each of the following coverages: a. Part One: Workers Compensation Insurance b. Part Two: Employers Liability Insurance c....
-
The PAP provides coverage for your covered auto. Identify the four classes of vehicles that are considered to be covered autos.
-
9) The mole (Avogadro number N) is defined as the number of atoms in exactly 12 grams of 2C, calculate the: a) number of atoms in 2 g of C b) number of atoms in 5 g of C
-
Gross profit for April was two-fifths of net sales, and net income was two-sevenths of gross profit. Net income was $4200. (a) What was the gross profit for April? (b) What were net sales for April?
-
If the ending merchandise inventory of Year 1 is mistakenly understated by $ 3,000, what is the effect on the following? a. Year 1s net income? b. Year 1s balance sheet? c. Year 2s net income?
-
In Figure P8.35, a \(55-\mathrm{kg}\) skier heads down a slope, reaching a speed of \(27 \mathrm{~km} / \mathrm{h}\). They then slide across a horizontal snow field but hit a rough area. Assume the...
-
Access the FASB Codification at asc.fasb.org/home to conduct research using the Codification Research System to prepare responses to the following items. Provide Codification references for your...
-
11. If dy + 2y tan x = sin x, 0
-
A beam of electrons is accelerated from rest and then passes through a pair of identical thin slits that are 1.25 nm apart. You observe that the first double-slit interference dark fringe occurs at...
-
Briefly describe the following inland marine coverages: a. Accounts receivable coverage form b. Valuable papers and records coverage form c. Bailees customer policy
-
1. Lastovica Construction is insured under a commercial general liability (CGL) policy. The firm agreed to build a new manufacturing facility for the Smith Corporation. A heavy machine used by...
-
Ulmus Corporation is an engineering consulting firm and has $1,400,000 in taxable income for 2020. Calculate the corporations income tax liability for 2020. $___________
-
financial forecasting create a reaction scenario for management flexibility for any critical situation., explain
-
Describe how financial forecasting was used to work on pro forma operating budget for nurse retention project
-
Legal Challenges with Contemporary Families Presentation 1. Describe some of the legal challenges families face today regarding mental health issues . 2. Using your state website, describe four laws...
-
A. Hypothetically: Company A (your company) owns and intangible Asset (a patent). If its stock has a lower average price to free cash flow (P/FCF) than price to earnings ratio state what is happening...
-
how could the financial sector tie into Maker DOA? please explain
-
In a VAT system, there are two ways to prevent private consumption from escaping tax when such consumption takes place in a business context: (a) Deny the input tax credit, (b) Tax a deemed...
-
1. As a general strategy, would you recommend that Carl take an aggressive approach to capacity expansion or more of a wait-and-see approach? 2. Should Carl go with the option for one facility that...
-
Voters often criticize politicians running for office who do not speak in specific terms (i.e., who do not specify which spending programs will be cut, whose taxes will be raised, etc.). If voters...
-
Are there any exceptions to the rule that insurance contracts are contracts of indemnity, defined strictly?
-
Describe one difference between life insurance and property insurance in the requirement for insurable interest.
-
Does actual cash value equal fair market value?
-
please use excel to solve this and format it the same way! thank you Paste F17 A > B Arial BIU fx C D 10 A A A E F G ||| H I J K 6 A 20-year, 6% quarterly coupon bond with a par value of $10,000 may...
-
Should a firm's EBT be based upon the actual or estimated return on plan assets.
-
You took out a loan woth an effective annual interest rate of 1 6 percent. What is the equivalent quarterly ( 3 month ) interest rate on this loan.
Study smarter with the SolutionInn App