This topic contains a solution. Click here to go to the answer

Author Question: The exclusion of flood in a homeowners policy is an example of an A) excluded activity. B) ... (Read 22 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tashiedavis420

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

Answer: D

Answer to Question 2

Answer: C




vicotolentino

  • Member
  • Posts: 552
Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

For a complete list of videos, visit our video library