Other Than Life (OTL) Practice Exam 2025 - Free OTL License Practice Questions and Study Guide

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If an architect's drawings are destroyed in a fire, which coverage pays for reworking them?

Commercial property floater

Valuable papers and records

The option that best addresses the situation of reworking damaged drawings in the event of a fire is the coverage specifically designed for "valuable papers and records." This type of coverage is intended to protect documents that are crucial to a business's operations, including blueprints, drawings, contracts, and other important records. When these documents are lost or damaged due to events like fires, this coverage facilitates the reimbursement of costs associated with recreating or reworking these invaluable documents.

In contrast, the other options do not specifically cater to the needs of recovering or reproducing important documentation. A commercial property floater primarily covers physical property but may not include specialized document restoration. The office equipment floater focuses on business-related equipment but misses the nuances of paper and design work. Accounts receivable coverage protects income related to outstanding invoices rather than costs associated with business documentation. Thus, valuable papers and records is the most appropriate choice for addressing the reworking of architectural drawings.

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Office equipment floater

Accounts receivable

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