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Identify three locations where coverage applies for the Installation Floater Rider:

a) On-Site, In-Transit, and Off-Site
b) Warehouse, Manufacturer's Facility, and Retail Store
c) International Ports, Construction Sites, and Distribution Centers
d) Temporary Storage, Production Facilities, and Showrooms

1 Answer

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Final answer:

The coverage locations for the Installation Floater Rider typically include On-Site where the installation is taking place, In-Transit during transportation, and Off-Site in temporary storage locations.

Step-by-step explanation:

The question concerns the coverage locations for an Installation Floater Rider, which is a type of insurance policy endorsement that pertains to property insurance. Typically, this rider is intended to cover property that is being installed or is in the process of installation. The coverage often applies to several key locations:

  • On-Site: This refers to the physical location where the installation is actually taking place.
  • In-Transit: This coverage protects the insured property while it is being transported from one location to another.
  • Off-Site: The rider may cover materials that are stored at a location away from the primary installation site, such as a temporary storage area.

Therefore, the correct answer to the question is: a) On-Site, In-Transit, and Off-Site.

User Paulo Campez
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