AFP
CTP · Question #883
(Topic 9) Company M operates a grocery distribution business on Main Street. As part of its business continuity plan, Company M intends to purchase insurance to cover the facility lease for its Main…
The correct answer is B. Business interruption insurance. See the full explanation below for the reasoning.
Question
- (Topic 9)
Company M operates a grocery distribution business on Main Street. As part of its business continuity plan, Company M intends to purchase insurance to cover the facility lease for its Main Street warehouse in the event it cannot operate for a period of time. What type of coverage should Company M purchase?
Options
- ACost reimbursement insurance
- BBusiness interruption insurance
- CGeneral liability insurance
- DFiduciary insurance
How the community answered
(42 responses)- A7% (3)
- B79% (33)
- C2% (1)
- D12% (5)
Community Discussion
No community discussion yet for this question.