Are you looking for the correct answer to the question “XYZ Industries just found that some of its inventory had been stolen. If the Commercial Crime Coverage form that was in place at the time of the loss expired 11 months ago and the loss is covered when they report it for the first time today, what type of Commercial Crime Coverage form does XYZ own?”? 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.
XYZ Industries just found that some of its inventory had been stolen. If the Commercial Crime Coverage form that was in place at the time of the loss expired 11 months ago and the loss is covered when they report it for the first time today, what type of Commercial Crime Coverage form does XYZ own?
a. Discovery form
b. Mysterious Disappearance Endorsement Coverage form
c. Loss Sustained form
d. Supplemental Reporting Period Coverage form
Answer: C
The above question XYZ Industries just found that some of its inventory had been stolen. If the Commercial Crime Coverage form that was in place at the time of the loss expired 11 months ago and the loss is covered when they report it for the first time today, what type of Commercial Crime Coverage form does XYZ own?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
