3. (TCO 9) Protection and Indemnity coverage provided under Ocean Marine policy

Question

3. (TCO 9) Protection and Indemnity coverage provided under Ocean Marine policy covers: (Points : 3)
damage to the ship or its cargo.
damage to the cargo only.
essentially the same thing as business interruption insurance.
legal liability.
none of the above.


4. (TCO 9) The form of insurance designed to provide liability coverage to firms that sell liquor by the drink is called: (Points : 3)
owners' and contractors' protective.
storekeepers' liability.
completed operations and products.
dram shop liability coverage.
none of the above.

Explanation / Answer

b) option a) option

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