Other Than Life (OTL) Practice Exam

When rating Glass Insurance, which of the following factors is not considered?

1. Geographical location

2. Whether fixed or movable

3. Height of lowest edge from the ground

4. Fire protection

The correct answer is: Fire protection

In assessing Glass Insurance, the factors considered typically include various aspects that could influence the risk associated with the insured glass. Geographical location is crucial, as areas prone to extreme weather or vandalism might carry higher risk ratings. The classification of glass as fixed or movable directly affects how often it might be subjected to potential damage. The height of the lowest edge from the ground is also significant, as it relates to exposure and the likelihood of accidents or damages occurring. Fire protection, while an important aspect of overall property risk management, is not a direct factor in the specific rating of glass insurance. Glass coverage primarily concerns risks related to physical breakage and exposure rather than fire incidents. Therefore, focusing on the common influences such as location, type, and height addresses aspects more specific to glass insurance risks, confirming why fire protection does not play a role in rating this particular kind of insurance.