Page 392 - IC38 GENERAL INSURANCE

Answers to Test Yourself
Answer 1
The correct option is I.
A named peril policy may be purchased as a less expensive alternative to a
comprehensive coverage policy that tends to offer coverage to most perils.
Answer 2
The correct option is IV.
Under the shopkeeper policy, the insured may opt for an additional „Fixed plate glass
and sanitary fittings‟ cover. This will cover accidental loss of damage to fixed plate
glass, sanitary fittings and neon signs.
Answer 3
The correct option is I.
Motor insurance should be taken in the name of the vehicle owner whose name
is registered with Regional Transport Authority

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