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Question: ________ policy is taken to cover different risks for a single shipment.

Options:

  1.  Blanket
  2.  Named
  3.  Specific cover
  4.  Block

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1 Answer

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Best answer

3. Specific cover

Specific cover policy is taken to cover different risks for a single shipment.


More Information:

Specific insurance is a type of insurance in which risk is covered for a single lot or shipment only.

It is opposite (alternative) to blanket coverage where a policy can cover many different properties or locations.

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