Q32
Which of the following is an example of Broad Form Insurance?
A.
Mortgage insurance
B.
Automobile insurance
AnswerC.
Liability insurance
D.
Property insurance
Answer: Option B
Solution
Answer: Option B
Solution:
An automobile insurance is an example of Broad Form Insurance. A customer may require glass insurance as the driver is frequently on the highway and obtains a lot of chips in the front window.