Question

Which of the commercial property causes of loss forms cover theft?

A. Only the special form
B. Theft is excluded from all forms
C. The broad and special forms
D. The broad form

Answer 1

The coverage for theft is included in both the broad and special commercial property causes of loss forms. The broad form covers a specific set of perils including theft, while the special form is 'all-risk' and covers theft unless it is specifically excluded.

Step-by-step explanation:

The question is regarding which of the commercial property causes of loss forms cover theft. The answer to this is that the coverage for theft can be found in both the broad and special forms.

In the commercial property insurance context, these forms determine the level of coverage provided. The broad form is a more limited form that covers a specific set of perils, which typically includes theft.

The special form, on the other hand, provides 'all-risk' coverage, meaning it covers all perils except for those explicitly excluded.

Therefore, unless specifically excluded, theft would be covered under the special form as well.