Some policies restrict coverage to specific geographic areas.
Correct Answer:
Verified
Q13: Inflation could cause an insured to suffer
Q14: In property insurance, the purpose of coinsurance
Q15: With coinsurance, the burden is placed on
Q16: It is common to exclude war loss
Q17: The problems of insuring business and personal
Q19: The contents of a building are included
Q20: It is necessary for insurance contracts to
Q21: In case of loss, the insured has
Q22: An insured usually must provide a formal
Q23: Under an appraisal clause, an impartial umpire
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