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Author Question: The exclusion of flood in a homeowners policy is an example of an A) excluded activity. B) ... (Read 64 times)

vicotolentino

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on: Jul 11, 2018
The exclusion of flood in a homeowners policy is an example of an
 
  A) excluded activity.
  B) excluded condition.
  C) excluded property.
  D) excluded peril.

Question 2

Reasons why a peril may be considered uninsurable and therefore excluded from insurance contracts include which of the following?
 
  I. The losses from the occurrence of the peril may be due to a predictable decline in value.
  II. The losses from the occurrence of the peril may be incalculable and catastrophic.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


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tashiedavis420

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: C


vicotolentino

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Reply 2 on: Jul 11, 2018
Excellent

kusterl

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Reply 3 on: Yesterday
:D TYSM

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