CII M93 Practice Questions - CII M93 Commercial Property And Business Interruption Insurances Exam

In a commercial property policy, what does the item 'Stock in Trade' typically encompass?

Raw materials, work-in-progress, and finished goods owned by the insured for trade Office furniture, computer hardware, and employee personal belongings Fixed plant, heavy machinery, and tenant's structural improvements Directors' personal motor vehicles parked in the customer car park

Correct Answer:

Raw materials, work-in-progress, and finished goods owned by the insured for trade

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