O-LevelCommerceInsurance7100/12 · Oct/Nov 2013 · Q301 Mark

After an insured risk has occurred, what would not be covered by consequential loss?

Aexpenses involved in renting temporary premises

Bfinancial loss arising from dishonest employees of the firm

Closs of profits to the owner of the business

Dpayment of taxes and mortgage on the damaged premises

✓ Correct answer

B: financial loss arising from dishonest employees of the firm

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Topic: Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2013 Paper 1 Variant 2, question 30.

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