PrepAway - Latest Free Exam Questions & Answers

Under “Named Perils” form of Property insurance

Under “Named Perils” form of Property insurance

PrepAway - Latest Free Exam Questions & Answers

A.
Burden of proof that particular loss is covered is on Insurer.

B.
Burden of proof that particular loss is not covered is on Insurer.

C.
Burden of proof that particular loss is covered is on Insured.

D.
Burden of proof that particular loss is not covered is on Insured.

Explanation:
Here is something on “Named Perils” for your understanding: “Named Perils is a formal and specific
listing of perils covered in a policy providing property insurance. A policy covering for damage by fire
is said to cover for “the named peril” of fire”. As you can see, Answer C is correct.


Leave a Reply