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Colorado CDL Practice Test
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Which part of a commercial policy usually identifies the insured, period of insurance, sums insured, limits and selected sections?
The loss adjuster's report
The claims reserve
The insurer's annual report
The policy schedule
Reveal Answer
Correct Answer:
The policy schedule
Explanation:
The schedule individualises the standard policy wording by recording details such as the insured, period, premises, selected covers, sums insured, limits and endorsements.
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