I got the following question wrong in the quiz and I believe it's right according to the course and manual.
A Community College is insured under a Crime Coverage - Inside Premises - Robbery or Safe Burglary of Other Property Form. Which one of the following amounts will not be paid if the amount of coverage is $30,000?
Choose one answer.
A. $15,000 damage to a locked safe, which was broken into Incorrect
B. None of the above are covered Incorrect
C. $1,000 damage to the building after the thieves broke into the Dean`s office Incorrect
D. $2,000 in money taken from a vault Correct
The coverage is for loss of or damage to property other than money and securities. The $2,000 in money would not fall under this category. Am I wrong? If I am right, can the quiz be corrected or do I need to take it again?
Thanks!
Ha ha! I realized my mistake. I misread the question since it is asking "not" be paid. Serves as reminder for the final and state exam to make sure I read it completely.