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Author Question: The major difference between the dwelling coverage (Part A) of the Homeowners 2 (Broad From) policy ... (Read 69 times)

Capo

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on: Jul 11, 2018
The major difference between the dwelling coverage (Part A) of the Homeowners 2 (Broad From) policy and the Homeowners 3 (Special Form) policy is that
 
  A) the HO-3 provides open perils (all risks) coverage and the HO-2 provides named-perils coverage.
  B) the HO-3 provides actual cash value coverage, the HO-2 provides replacement cost coverage.
  C) the HO-3 is always written without a deductible, the HO-2 always written with a deductible.
  D) the HO-3 can be used for any type of construction, the HO-2 is limited to wood frame homes.

Question 2

Assume that you have 100,000 invested in a stock that is returning 14, 150,000 invested in a
  stock that is returning 18, and 200,000 invested in a stock that is returning 15. What is the
  expected return of your portfolio?
 
  A) 15.67 B) 14.97 C) 13.25 D) 15.78


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aham8f

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

Answer: A

Answer to Question 2

D


Capo

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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