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Greg owns several buildings, each at a different location and insured on a separate policy. What type of coverage does Greg have?

A) Special
B) Specific
C) Schedule
D) Blanket

User Yousf
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1 Answer

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Final answer:

Greg has Specific coverage, meaning each of his buildings is insured under a separate policy customized for its value and risks.

Step-by-step explanation:

If Greg owns several buildings, each at a different location, and each is insured on a separate policy, the type of coverage Greg has is Specific coverage. Specific insurance policies are individual policies that cover specific assets at specific locations, with a set amount of insurance for each asset. This means that each of Greg's buildings will have its own individual policy tailored to the value and risks of that specific property.

User Shijinmon Pallikal
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