What is the schedule in a policy document used for?
A - Confirming who has written the policy
B – Outlining what is covered
C – Personalising the contract
D – Showing what risks are excluded
C: The purpose of the policy Schedule is to personalise the policy to the individual insured.
A: At review premiums can rise, fall or stay the same.
C: A professional client must confirm their status in writing
When a caravan is being towed and is involved in a fault motor accident, resulting in damage to third-party property, does the liability section of the caravan policy cover the damage to the third-party property?
A: No, only third-party injuries are covered B: Yes, all third-party liabilities are covered C: No, any third-party liability while being towed is excluded D: Yes, providing the caravan had not become detached when the damage occurred