Question: Flagstone Company has a CPP policy with an ordinance or law coverage endorsement. A portion of the company's building is damaged, and now the entire
Flagstone Company has a CPP policy with an ordinance or law coverage endorsement. A portion of the company's building is damaged, and now the entire building must comply with updated building codes when it is reconstructed. Even the undamaged portion must be demolished and rebuilt. What benefits will this endorsement pay?
It will pay for the pollution cleanup, removal of debris from the site, and reconstruction of the entire facility.
It will pay for demolition of the property's undamaged portion, and pollution cleanup.
It will pay for demolition of the undamaged portion, removal of debris, and reconstruction of the entire facility.
It will only pay for the demolition of the undamaged portion, and removal of debris from the site.
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