Explain five characteristics of property insurance

      

Explain five characteristics of property insurance

  

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Francis
-Has a property conditions form which mainly outlines the terms and conditions covered by the property insurance.
-It also has a property coverage form where all nature of specific coverage is well described.
-It contains causes of loss forms which specifies the causes of losses that have been insured against in the insurance.
-It covers endorsements which may either be spoilage endorsement or the law endorsement.
-It also has a property declaration form which mainly contains basic personal details of the policy holder and all the data to be insured.
franco crick answered the question on April 12, 2018 at 17:09


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