Choose the one most appropriate answer for each.
-the financial responsibility one has toward others
A) all-risks policy
B) actual cash value
C) broad form (HO-2)
D) endorsement
E) flood insurance
F) form HO-4
G) form HO-6
H) homeowner policy
I) homeowner's warranty
J) inflation guard
K) insurable interest
L) insurance premium
M) insured
N) medical payments
O) new for old
P) old for old
Q) peril
R) public liability
S) tenant's policy
T) worker's compensation policy
Correct Answer:
Verified
Q56: _ insurance is the foundation of property
Q57: An insurer may suspend an insurance policy
Q58: "New for old" means that the policy
Q59: Policies that cover a large number of
Q60: An agreement by the insurer to modify
Q62: Choose the one most appropriate answer for
Q63: Choose the one most appropriate answer for
Q64: Choose the one most appropriate answer for
Q65: Choose the one most appropriate answer for
Q66: Choose the one most appropriate answer for
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