In the event of a flood, I have no insurance coverage

The T-account is a summary device that is shaped like a capital T with debits posted on the left side of the vertical line and credits posted on the right side of the vertical line

Indicate whether the statement is true or false

The insured has sustained a loss of income from a covered peril under his Businessowners policy. What deductible applies to "loss of income" coverage?

a. A "time deductible" of 72-hours. b. The same deductible that applies to the building or contents coverage. c. A $500 deductible. d. No deductible.