In a commercial package policy, an interline endorsement is one that:
a.applies to more than one coverage part
b.adds an additional insured to a part
c.changes just the property coverage part
d.turns the package into a mono-line policy
Giải thích
Interline endorsements are the endorsements that cut across the package rather than belonging to a single line, so one attachment can amend the property, liability and crime parts at once. A nuclear energy liability exclusion is the classic example. An endorsement that touches only the property part is a coverage-part endorsement, and adding an additional insured amends one part rather than crossing lines.
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Câu hỏi liên quan cùng chủ đề
- Business income (business interruption) coverage is designed to pay for:
- An inland marine policy is typically used to cover:
- A commercial package policy is built from a common declarations page, common policy conditions, interline endorsements, and:
- Under the building and personal property coverage form, which of these is insured as part of the building?
- A tenant pays to install new partitions and lighting in the space it leases. Under a commercial property policy that work is insured as:
- A repair shop insures personal property of others. A covered fire destroys a customer's machine that was in the shop for repair. Payment for that machine is made to:
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