Question: A(n) ____________________ changes a policy by modifying the scope pf coverage. indemnity endorsement transfer deductible Based on a typical HO policy, which of the following

  1. A(n) ____________________ changes a policy by modifying the scope pf coverage.
    1. indemnity
    2. endorsement
    3. transfer
    4. deductible
  2. Based on a typical HO policy, which of the following assets should be insured with a separate personal effects policy or endorsement?
    1. A coin collection valued at $1,450.
    2. A grand piano valued at $2,000.
    3. A shotgun valued at $3,000.
    4. Each of these assets should be insured using a personal effects policy.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!