CAUSES OF LOSS FORMS---BASIC, BROAD, and SPECIAL (551-3)

Question 1

Covered causes of loss and exclusions Basic form, Broad form and Special form

Answer 1

Basic and Broad form are named perils forms – they specifically name the covered perils (puts the burden of proof on the insured.)

The Special form provides ‘all risks’ coverage. “risks of direct physical loss” unless excluded in Section B or limited in Section C. (puts the burden of proof on the insurer rather than the insured

Question 2

Covered causes of loss on Basic, Broad and Special forms:

Answer 2

d