How would you insure wall-to-wall carpeting bought by the owner of a high-rise residential condominium unit? OA) Under the Condominium Corporation's Master Policy covering the building. OB) Under the Loss Assessment coverage of the Condominium Unit Owners Comprehensive Policy. OC) Under Coverage A1 - Unit of the Condominium Unit Owners Comprehensive Policy. OD) Under Coverage A3 - Unit Improvements and Betterments of the Condominium Unit Owners Comprehensive Policy.

icon
Related questions
Question

16

How would you insure wall-to-wall carpeting bought by the owner of a high-rise residential condominium unit?
OA) Under the Condominium Corporation's Master Policy covering the building.
OB) Under the Loss Assessment coverage of the Condominium Unit Owners Comprehensive Policy.
OC) Under Coverage A1 - Unit of the Condominium Unit Owners Comprehensive Policy.
OD) Under Coverage A3 - Unit Improvements and Betterments of the Condominium Unit Owners Comprehensive
Policy.
Transcribed Image Text:How would you insure wall-to-wall carpeting bought by the owner of a high-rise residential condominium unit? OA) Under the Condominium Corporation's Master Policy covering the building. OB) Under the Loss Assessment coverage of the Condominium Unit Owners Comprehensive Policy. OC) Under Coverage A1 - Unit of the Condominium Unit Owners Comprehensive Policy. OD) Under Coverage A3 - Unit Improvements and Betterments of the Condominium Unit Owners Comprehensive Policy.
Which one (1) of the following kinds of property is covered under the Condominium Unit Owners Comprehensive
policy but NOT covered under the Tenants Comprehensive policy?
OA) Jewellery and fur garments up to a specified limit.
OB) Silverware up to a specified limit.
OC) Books, tools and instruments pertaining to insured's business up to a specified limit while on insured's
premises.
OD) Building fixtures and fittings temporarily removed from the premises for repair or seasonal storage, up to a
specified limit.
Transcribed Image Text:Which one (1) of the following kinds of property is covered under the Condominium Unit Owners Comprehensive policy but NOT covered under the Tenants Comprehensive policy? OA) Jewellery and fur garments up to a specified limit. OB) Silverware up to a specified limit. OC) Books, tools and instruments pertaining to insured's business up to a specified limit while on insured's premises. OD) Building fixtures and fittings temporarily removed from the premises for repair or seasonal storage, up to a specified limit.
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer