Answered

Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Tim has a house worth $250,000. He has installed a $100,000 aquarium in his basement because he is obsessed with fish. His regular homeowner's insurance doesn't cover home aquariums, so his insurance agent is writing a supplemental policy to help him get the coverage for the aquarium. What is this known as? Question 6 options: an exclusion a rider a deductible a consideration

Sagot :

francocanacari

Answer:

A rider.

Explanation:

A rider designates a clause or group of clauses added to an initial contract, being an annex to it.  These added clauses are attached to the initial contract, integrating to it and losing the character of an independent document. Therefore, it would then be a piece of writing that is to be treated as part of the main contract. Usually, the purpose of the riders is to include particular clauses for the insured, that is, clauses that are specific to them outside of the company's generic contract.

whorible

Answer:

A rider, for plato users

Explanation:

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.