商业险种第 473 / 531 题
A retailer's business personal property limit is $300,000, raised to $700,000 for September through December by a peak season endorsement. A covered fire on November 10 destroys $560,000 of stock. The deductible is $5,000. How much is paid?
a.$300,000
b.$555,000
c.$295,000
d.$560,000
解析
A peak season endorsement lifts the limit for the stated months, when inventory is at its highest, so the November loss is measured against $700,000 rather than the off-season $300,000: $560,000 less the $5,000 deductible is $555,000. The answers built on $300,000 apply the base limit to a loss that fell inside the endorsed period, and the full $560,000 ignores the deductible.
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