Which coverage form is most accurate


Problem:

Which one of the following statements concerning differences between the Extra Expense Coverage Form and the Business Income (and Extra Expense) Coverage Form is most accurate? Available answer options Select only one option A When the Maximum Period of Indemnity option is chosen with the Extra Expense Coverage Form, the coverage period is extended to 270 days rather than the 30 day limit found in the Business Income (and Extra Expense) Coverage Form. B The extra expense coverage in the Extra Expense Coverage Form is available in more coinsurance percentages than are available in the Business Income (and Extra Expense) Coverage Form. C The Extra Expense Coverage Form insures only extra expenses, and the Business Income (and Extra Expense) Coverage Form includes coverage for business income and extra expense. D The extra expense coverage in the Extra Expense Coverage Form is subject to more exclusions than the extra expense coverage found in the Business Income (and Extra Expense) Coverage Form.

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Accounting Basics: Which coverage form is most accurate
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