Exam DISC-IA Practice Question 44
Study guide: Exam DISC-IA
A retailer with three stores of similar value is choosing between one blanket limit for all three and a specific limit for each store, with the same total amount of insurance. Which statement about the ISO BPP is correct?
- A) A blanket limit removes the coinsurance condition for all three stores
- B) A total loss at one store can draw on more than that store's share of the limit
- C) Specific limits let a loss at one store use the unused limits of the others
- D) Under a blanket limit, coinsurance is tested store by store against each value
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