Review Questions 5

The following Review Questions will need to be answered in APA Formatting:

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  • What is the difference between a single limit and a split limit in expressing liability limits in the PAP?
  • What is the difference between Collision and Other than Collision coverages? Why does the PAP list certain perils in Other than Collision when they can be caused by collision? What happens if the cause of loss is not listed?
  • Explain the concept of concurrent causation as it applies to collapse.
  • Why is there a “special limits of liability” section in the personal property section of the HO-3 contract?

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