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      Question

      An endorsement added to an insurance policy, or clause

      within a policy, that provides additional coverage for risks other than those in a basis policy is termed as ________.
      A Expense Ratio Correct Answer Incorrect Answer
      B Extended Coverage Correct Answer Incorrect Answer
      C Expected Loss Ratio Correct Answer Incorrect Answer
      D Extra Expense Insurance Correct Answer Incorrect Answer

      Solution

      An endorsement added to an insurance policy, or clause within a policy, that provides additional coverage for risks other than those in a basis policy is termed as Extended Coverage.

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