The Intent of This Insurance Policy Was to Provide a Comprehensive

question 36

Multiple Choice

The intent of this insurance policy was to provide a comprehensive policy that would omit the need for small businesses to make numerous decisions, while also incorporating coverage on exposures often overlooked.Identify this insurance policy.

• A)Inland marine insurance
• B)Business owners policy
• C)Oceans marine insurance
• D)Capital asset program
• E)Commercial aviation policy

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Definitions:

Intrusive Rock

An igneous rock that solidified from magma below Earth’s surface; synonym: plutonic rock.

Extrusive Rock

An igneous rock that forms when magma is erupted onto Earth’s surface; synonymous with volcanic rock.

Igneous Rock

Stone generated by the hardening and crystallization of molten rock material.

Bowens Reaction Series

Bowen's Reaction Series describes the sequence in which minerals crystallize from cooling magma according to their chemical composition and temperature.