An insured can avoid a coinsurance penalty under a business income policy by

Name: An insured can avoid a coinsurance penalty under a business income policy by
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An insured can avoid a coinsurance penalty under a business income policy by carrying a policy amount equal to the amount required, adding an agreed-amount endorsement, or using the earnings form. Each of these options ensures that the insured meets the policy conditions to avoid penalties related to coinsurance.

An Insured Can Avoid a Coinsurance Penalty Under a Business