All of the following statements about a loss sustained crime insurance form are true EXCEPT

	coverage is for up to 1 year after the policy expires
	losses sustained within the policy period are covered
	losses that occur after the policy expiration are covered
	losses that are discovered within a year of expiration are covered

Solutions

Expert Solution

All are true except:

losses that occur after the policy expiration are covered

Losses are covered only that occur within the policy period but are discovered within a year of the expiration. Not those that happened after the expiration of the policy.

keosha answered 1 year ago

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