Coverage to compensate an Insured for the loss of use of property if it cannot be used because of a peril covered by the policy.
Coverage to compensate an Insured for the loss of use of property if it cannot be used because of a peril covered by the policy.
Various rights that may be exercised under the policy contract by the policy owner. Some of the incidents of ownership would be: (1) the right to cash in the policy, (2) to receive a loan on the cash value of the policy, and (3) to change the beneficiary.