Multiple choice

Which of the following insurances cover for situations where the total insurable amount can be reasonably estimated but cannot be determined accurately?

  1. Collective

  2. Floating

  3. Positions

  4. Blanket
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Floating insurance covers for situations where the total insurable amount can be reasonably estimated, but cannot be determined accurately-enough for computing correct premium, until the insurance policy comes to an end. 

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