Which of the following statements about the extra expense coverage for

Which of the following statements about the extra expense coverage form is (are) true?

I. It provides coverage for the increased cost that must be paid to continue operations during a period of restoration.
II. It provides coverage for lost business income if a key customer or key supplier experiences a loss.
A) I only
B) II only
C) both I and II
D) neither I nor II

 

 

ANSWER

Answer: A

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