Under an Open Perils Insurance Policy

question 57

Multiple Choice

Under an open perils insurance policy:

• A) covered perils are spelled out, usually using a numbered list
• B) any piece of property not excluded is covered
• C) absolutely all risks of losses are covered, those having an illegal purpose
• D) all perils not excluded are covered

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Definitions:

Radio

A technology that uses radio waves for communication by transmitting and receiving sounds, such as music and voice, over distances without wires.

Satellite

An artificial object placed into orbit around the Earth or another planet in order to collect information or for communication.

Fiber

A type of material used in various industries, or short for optical fiber, a technology used for transmitting information as pulses of light along strands of glass or plastic.

Wi-Fi Hotspot

A physical location where people can access the Internet, typically using Wi-Fi, via a wireless local area network (WLAN) with a router connected to an internet service provider.