Describe Web-Based Coordination

question 48

Essay

Describe Web-based coordination.

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Definitions:

Floater Policy

A policy that insures property that cannot be covered by specific insurance because the property is constantly changing in either value or location.

Property

Items, assets, or possessions owned by an individual or entity, including tangible and intangible forms.

Specific Insurance

Insurance policies designed to cover specific risks, objects, or scenarios, offering tailored protection against particular perils.

Collision Insurance

A type of automobile insurance that protects the insured against any loss arising from damage to the insured’s automobile caused by accidental collision with another object or with any part of the roadbed.