Homeowners Policy (HO)Pregunta 338 de 474
An insured's credit card is used fraudulently and a forged check clears the account. The homeowners additional coverage for credit card, fund transfer, forgery and counterfeit money pays up to:
a.$1,000 with a deductible
b.$200 with a deductible
c.$2,500 with no deductible
d.$500 with no deductible
Explicación
This additional coverage pays up to $500 for the insured's legal obligation from unauthorized use of a credit or fund transfer card, forgery of a check, and acceptance of counterfeit paper currency, and no deductible applies. The $1,000 figure is the loss assessment amount. The $2,500 figure belongs to firearms, silverware or business property.
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