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    Question

    A single insurance policy that combines several coverage

    previously sold separately is termed as?
    A Package Policy Correct Answer Incorrect Answer
    B Multiple Policy Correct Answer Incorrect Answer
    C Combined Policy Correct Answer Incorrect Answer
    D None of the Above Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    A Package Policy is a type of insurance policy that usually includes more than one kind of insurance coverage. The most common Package Policy combines property coverage, such as for buildings or business contents, with liability coverage, such as premises liability or product liability.

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