1. a. What is a package policy? b. Explain the advantages of a commercial package policy to a business firm as compared to the purchase of separate policies. 2. a. List causes-of-loss that fall under...

1. a. What is a package policy?

b. Explain the advantages of a commercial package policy to a business firm as compared to the purchase of separate policies.

2. a. List causes-of-loss that fall under

1. basic form

2. broad form

b. Explain the difference between causes-of-loss in basic and special form.

3. Explain the following provisions in the building and personal property coverage form:

a. Covered property

b. Additional coverages

c. Optional coverages