Question

The limit of insurance for the personal effects and property of others coverage extension at each of the described premises is:

A. $2,500
B. $10,000
C. $1,000
D. $5,000

Answer 1

The limit of insurance for the personal effects and property of others coverage extension at each of the described premises is $2,500.

Step-by-step explanation:

The limit of insurance for the personal effects and property of others coverage extension at each of the described premises is $2,500 (Option A).

This means that the insurance policy will provide coverage up to $2,500 for personal effects and property of others at the specified locations.

For example, if there is a fire in one of the described premises and personal belongings of the insured or property belonging to others are damaged or destroyed, the insurance policy will compensate up to $2,500 for the loss.