Question

Identify two other locations, other than those listed on the form, where coverage is extended by the Valuable Papers and Records Insurance?

a. Temporary storage facilities
b. Employee's residence

Answer 1

The Valuable Papers and Records Insurance extends coverage to two additional locations: temporary storage facilities and employee's residence.

Step-by-step explanation:

The Valuable Papers and Records Insurance extends coverage to two additional locations aside from those listed on the form. These locations are:

1. Temporary storage facilities: This includes off-site storage facilities where the insured documents and records may be stored temporarily for safekeeping or during a move.
2. Employee's residence: Coverage can be extended to include documents and records that are kept at an employee's residence, such as for telecommuting or remote work.

It is important to note that the specific terms and conditions of coverage will depend on the insurance policy and any endorsements or exclusions that may apply.