All of the Following Statements About Covered Perils and Loss

question 19

Multiple Choice

All of the following statements about covered perils and loss settlement under an unendorsed Homeowners 3 policy are true EXCEPT

• A)The dwelling is covered on an all-risk basis.
• B)Personal property losses are settled on a replacement cost basis.
• C)Losses to the dwelling may be settled on an actual cash value basis.
• D)Personal property is covered on a named-perils basis.

---

Definitions:

Erectile Dysfunction

A condition in which a man has persistent difficulty achieving or maintaining an erection sufficient for sexual intercourse.

Hypersexuality Disorder

A medical condition characterized by excessively high sexual urges or behaviors that affect one's life negatively.

Fibrosis

The thickening and scarring of connective tissue, usually as a result of injury or illness.

Cortisol

A steroid hormone produced by the adrenal glands, often referred to as the "stress hormone" due to its role in the body's stress response.