Question: Select the false statement listed below: In the FP 7 9 5 5 policy, the ALE payments will be made only for: a . The
Select the false statement listed below: In the FP policy, the ALE payments will be made only for:
a The shortest time necessary to repair or replace the damaged property, but not to exceed months.
b If the insured does not rebuild, the time necessary for the insured to relocate in permanent living quarters, but not to exceed months.
c ALE payments will not exceed of Coverage A limits
d ALE payments can run beyond the expiration of the policy.
e ALE payments are limited to incurred costs for the shortest of three time frames as dictated by the policy.
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