Question

What are the limitations when it comes to customer claims?

A) Customer can only file 2 times in 12 months.
B) The maximum replacement value is $1500 per claim.

Answer 1

Customer claims have two main limitations: they can only be filed 2 times in a 12-month period, and the maximum replacement value per claim is $1500. All the options are correct.

Step-by-step explanation:

When it comes to customer claims, there are limitations that need to be considered:

1. Limitation A: Customers can only file a claim up to 2 times in a 12-month period. This means that they have a maximum of 2 opportunities to seek compensation for their damages or issues.
2. Limitation B: The maximum replacement value for each claim is $1500. This means that regardless of the actual cost of the damages, the customer will only be reimbursed or compensated up to $1500.

These limitations are in place to manage the number of claims and the financial liability of the insurance company or service provider.

Hence, both of the options are correct.