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Which of the following statements about the equipment breakdown protection coverage form is (are) ...

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Which of the following statements about the equipment breakdown protection coverage form is (are) ...

Which of the following statements about the equipment breakdown protection coverage form is (are) true?
I. The covered cause of loss is a breakdown of covered equipment, including boilers, machinery, and electrical and mechanical equipment.
II. It provides coverage for the reasonable cost of expediting permanent repair or replacement of damaged property.
A) I only
B) II only
C) both I and II
D) neither I nor II

Textbook

Principles of Risk Management and Insurance

Edition: 12^th

Authors: Rejda, McNamara

Read 52 times

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