In fire insurance, the purpose of coinsurance clauses is to prevent over-insurance.
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Q42: The HO policy's Mortgage Clause continues to
Q43: A coinsurance requirement, if not met, serves
Q44: Explain why there is a coinsurance clause
Q45: Why is there a "special limits of
Q46: The term "named insured" includes spouses and
Q48: The HO policy provides professional liability insurance
Q49: What is meant by "Medical Payments to
Q50: Adding coverage to the HO contract by
Q51: What is the contractual significance of having
Q52: The liability coverage of the HO policy
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