The exclusion of flood in a homeowners policy is an example of an ...

[vicotolentino]

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

[tashiedavis420]

Answer to Question 1

Answer: D

Answer to Question 2

Answer: C

[vicotolentino]

Gracias!

[tanna.moeller]

Excellent