Florida Insurance Claims Adjuster License Practice Exam

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Which Commercial Inland Marine policy would cover those who ship and receive goods on a single trip basis?

Motor Truck Cargo
Trip Transit
Trailer Interchange
Annual Transit

The correct answer is: Trip Transit

A Motor Truck Cargo would cover the transportation of goods on a regular basis, not a single trip. C: Trailer Interchange would cover the physical damage to trailers, not the goods being transported. D: Annual Transit would cover multiple trips over the course of a year, not a single trip. The correct answer, B: Trip Transit, would cover the shipment of goods on a single trip basis. This is the most appropriate option as it specifically mentions single trips, whereas the other options refer to multiple or regular trips. Therefore, they would not be suitable for those who ship and receive goods on a single trip basis.