Exam DISC-IA Practice Question 627
Study guide: Exam DISC-IA
After a covered fire, a shop owner adds invented stock to the inventory submitted with the claim, intending to collect more. Which commercial property condition addresses this, and with what effect?
- A) Control of property, which reduces the claim by the value of the invented stock
- B) Liberalization, which lets the insurer revise the coverage part to exclude the stock
- C) Legal action against us, which bars the owner from suing the insurer for two years
- D) Concealment, misrepresentation or fraud, which makes the coverage part void
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