Which of the following statements about the causes-of-loss special form of the ISO commercial package policy is (are) true?

I. The causes-of-loss special form provides open perils coverage and insures against direct physical loss.
II. The causes-of-loss special form excludes loss caused by earthquake.
A) I only
B) II only
C) both I and II
D) neither I nor II

Answer: C

Business

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