A. fire insurance
B. all-risk insurance
C. product liability insurance
D. consequential loss insurance
Correct Answer: Option D
D. consequential loss insurance
Explanation
What is ‘Consequential Loss’. A consequential loss is an indirect loss resulting from an insured’s inability to use business property or equipment. A business owner may purchase insurance to protect them against the secondary loss of property and equipment due to a natural disaster or accident.
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