Question

The period of time that is defined by the Period of Restoration in a commercial

policy is:
Select one:
a. It is limited to 10 days after a covered loss
b. The period in which coverage is provided to repair, replace or rebuild
with like kind and quality materials
c. By law, it cannot be longer than 30 days
d. Periods of restoration provisions are not included in commercial
policies

Answer 1

The Period of Restoration in a commercial policy is the time during which coverage is provided to repair, replace, or rebuild with like kind and quality materials.

Step-by-step explanation:

The period of time that is defined by the Period of Restoration in a commercial policy refers to the time in which coverage is provided to repair, replace, or rebuild with like kind and quality materials. It is the period during which the insured is given the opportunity to restore their property after a covered loss.

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