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Question # 22

What is the primary purpose of Extra Expense coverage in a Business Income policy?

Options:

A.

To reimburse the insured for ordinary operating expenses

B.

To pay for additional costs incurred to continue operations after a loss

C.

To provide compensation for employee wages during downtime

D.

To cover property repair costs

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Name Property and Casualty
Code Property and Casualty
Vendor Finance, Insurance and Real Est
Certification State Licensing Boards

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