Paulo Has Property Insurance That Specifically Excludes Damage from Flooding

question 26

Multiple Choice

Paulo has property insurance that specifically excludes damage from flooding. What kind of policy does Paulo have?

• A)Casualty
• B)Named-peril
• C)Open-peril
• D)Liability

---

Definitions:

Effortful Processing

A type of information processing that requires conscious effort and attention, as opposed to automatic processing which requires little to no conscious effort.

Long-Term Retention

The ability to maintain and recall information over extended periods of time, beyond short-term memory.

Working Memory

A cognitive system that holds and processes limited amounts of information in mind in an active, easily accessible state for short periods.

Deep Processing

A cognitive approach where information is thoughtfully considered and linked to pre-existing knowledge, leading to better memory and understanding.