Exam (elaborations)
WebCE Flash questions and answers verified
- Course
- WebCE
- Institution
- Liberty University
Indirect Loss CORRECT ANSWERS: A secondary loss that follows from a direct loss to insured property from a covered peril. Ex. Hotel expenses incurred by the insured while a fire-damaged home is repaired is an indirect loss that follows the direct loss of the home. Exclusive Agency System CORR...
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