Which of the following is true regarding Extra Expense Coverage under a BOP?

Insurance

Are you looking for the correct answer to the question “Which of the following is true regarding Extra Expense 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 Extra Expense Coverage under a BOP?

A. Coverage is for 12 months after the direct loss

B. Extra Expense coverage is provided until the Property Limit of Insurance is exhausted

C. There is a monthly limitation equal to 1/12th of the Property Limit of Insurance

D. Extra Expense coverage is not available to commercial tenants

Answer: Coverage is for 12 months after the direct loss

The above question Which of the following is true regarding Extra Expense 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.