Which of the following is an example of Broad Form Insurance...

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Which of the following is an example of Broad Form Insurance?

A. Mortgage insurance

B. Automobile insurance

C. Liability insurance

D. Property insurance

Answer: Option B

Solution (By Examveda Team)

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.

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