If an agent added a rider to a policy, the coverage for loss most likely would have
A) increased.
B) decreased.
C) stayed the same.
D) been nullified.
Correct Answer:
Verified
Q32: If your home has a value of
Q33: The amount of a loss that must
Q34: Correlated risks are
A) a perfect storm of
Q35: The principal of indemnity, which underlies insurance
Q36: Jerome insured his home for $120,000. He
Q38: If there is an exclusion on your
Q39: A deductible is the
A) proportion of the
Q40: The principle of indemnity means that an
A)
Q41: A deductible requires the policyholder to pay
A)
Q42: Insurance policies often include terms and conditions
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