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Question: ________ Policy covers both fixed and current assets of insured manufactures.

Options:

  1.  Block
  2.  Blanket
  3.  Transit
  4.  Excess

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1 Answer

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2. Blanket

Blanket Policy covers both fixed and current assets of insured manufactures.


More information:

A blanket policy is a form of single insurance policy that covers various items or classes of property at one or more locations. It behaves similar to a variety of things.

It allows the policyholder to extend the coverage.

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