When a Vacancy Permit is granted on a policy insuring a dwelling property, what effect, if any, does it have on the perils insured? OA) None. OB) It suspends certain coverages while the vacancy exists. OC) It permits the property to be vacant without affecting the coverage. OD) It introduces co-insurance conditions into the policy.
When a Vacancy Permit is granted on a policy insuring a dwelling property, what effect, if any, does it have on the perils insured? OA) None. OB) It suspends certain coverages while the vacancy exists. OC) It permits the property to be vacant without affecting the coverage. OD) It introduces co-insurance conditions into the policy.
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Transcribed Image Text:When a Vacancy Permit is granted on a policy insuring a dwelling property, what effect, if any, does it have on the perils
insured?
OA) None.
OB) It suspends certain coverages while the vacancy exists.
OC) It permits the property to be vacant without affecting the coverage.
OD) It introduces co-insurance conditions into the policy.
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