FINA 4358 MODULE 2C ASSIGNMENT (FINA4358MODULE2CASSIGNMENT)

FINA 4358 MODULE 2C ASSIGNMENT Commercial Property Insurance Homework Questions 2c Module 2c The following questions pertain to the use of the Special Cause of Loss Form: 1. A PDI worker accidentally tossed an expensive piece of electronic equipment into the furnace at the manufacturing plant. Is this covered? Yes, friendly fire loss is covered under special cause form. 2. The guest residence in Clear Lake was severely damaged by fire. Actually, most of the damage was from smoke stains and smell and the firewater used by firemen to extinguish the blaze. Is all of this part of the fire claim? Yes, the fire peril covers heat and smoke damage as well as the water damage from putting out the fire. 3. 30 of the work station PC’s were damaged at the corporate offices by an electrical surge. Is this covered? The electrical surge should be covered unless it is an artificial electrical surge. 4. Significant damage occurred at the manufacturing plant when the steam