Many types of properties are covered by homeowner's policies. These policies also define the types of losses they cover and the persons and the locations covered. There are three types of property-related losses when misfortune occurs. Which one of the following is Not out of those losses?

Question

Mustaqueahmed Ghanchibhai · Accepted Answer

Replacement cost

Mustaqueahmed Ghanchibhai · Answer

Direct loss of property

Mustaqueahmed Ghanchibhai · Answer

Indirect loss occurring due to damaged property

Mustaqueahmed Ghanchibhai · Answer

Additional expenses occurring due to direct and indirect losses

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Suggested answer: D

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