Solved

Most Property Insurance Contracts Have a Coinsurance Provision To

Question 4

Multiple Choice

Most property insurance contracts have a coinsurance provision to:


A) ensure reimbursement for the full amount of covered losses.
B) protect a business from losses resulting from the use of its product.
C) protect a small business from suits resulting from mistakes made by someone in a professional context.
D) facilitate the continuation of a business following the death of its owner.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents