Are you looking for the correct answer to the question “Which of the following is true regarding Business Income Coverage under a BOP?”? If that’s the case, you don’t have to worry anymore. Azanswer team is here with the right answer to your question. Please check below to know the answer.
Which of the following is true regarding Business Income Coverage under a BOP?
A. Coverage is provided for up to 12 months after the direct loss, with no limit on the amount of monthly indemnification, and no limit of insurance
B. The monthly limitation is 1/12th of the limit of insurance applying to Buildings and Business Personal Property
C. Coverage is for 12 months after the direct loss, starting 24 hours after the direct loss
D. The monthly limitation is 1/12th of the limit of insurance applying to Buildings
Answer: Coverage is provided for up to 12 months after the direct loss, with no limit on the amount of monthly indemnification, and no limit of insurance
The above question Which of the following is true regarding Business Income Coverage under a BOP?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
