Miscellaneous Insurance IC-78 Exam Study Notes

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  • Loss of profit due to failure of an event is not likely to be covered under event insurance.
  • Identity theft cover excludes charges post reporting the loss of the card.
  • Kidnap and ransom policies pay ransoms on the behalf of the insured.
  • Intellectual property insurance coverage protects companies for patent, copyright and trademark infringement claims.
  • Web business insurance coverage is not likely to include losses from server downtime as a result of non-payment of hosting charges.

Miscellaneous insurance Exam

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