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Question

A _______ was developed to offer a broad coverage against all possible damages arising from a variety of risks.

A
Lump-sum policy
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B
One-time policy
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C
Comprehensive policy
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D
All of the above
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Solution

The correct option is C Comprehensive policy
A comprehensive policy was developed to offer a broad coverage against all possible damages arising from a variety of risks. Comprehensive policy typically covers damage from fire, vandalism or falling objects. Comprehensive policy is often regarded as an optional coverage.

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