Question: Explain how insurance on an open perils basis differs from insurance on a named perils basis. A All perils are covered without exclusion B Only

Explain how insurance on an open perils basis differs from insurance on a named perils basis.
A
All perils are covered without exclusion
B
Only losses that occur inside are covered
C
Only losses that occur outside are covered
D
All perils are covered unless they are excluded

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