A Difference Between a Contract Issued on a "Named Peril

question 1

Multiple Choice

A difference between a contract issued on a "named peril" basis versus an "open peril" or "all-risk" basis is:

• A) the "named peril" contract usually covers more perils
• B) the "named peril" contract is usually more expensive than the "open peril" contract
• C) in the "named peril" contract the insured must prove the peril is covered where in the "open peril" contract the burden of proof is on the insurer to show no coverage
• D) in the "open peril" or "all risk" contract there are no exclusions to loss

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Definitions:

Pseudocommandos

Individuals who meticulously plan and execute violent acts, often involving firearms, driven by fantasies of power and control.

Mass Murderers

Individuals who commit acts of murder against multiple victims in a single event or in a closely related series of events.

Disgruntled Employees

Workers who are dissatisfied with their job conditions, which can lead to reduced productivity, morale, and sometimes acts of retaliation against the employer.

Defensive Hate Killers

Individuals who commit murder out of a belief they are protecting themselves or their way of life from perceived threats.