Match the descriptions with their terms:
-A/An _________________ covers all losses except those excluded.
A) Actual cash value
B) Aggregate dollar limits
C) coinsurance
D) disappearing deductible
E) franchise deductible
F) insuring agreement
G) mortgagee
H) mortgagee clause
I) named insured
J) named peril
K) open-perils agreement
L) pro-rata clause
M) pure premium
N) replacement cost
O) Specific dollar limits
Correct Answer:
Verified
Q22: An insured usually must provide a formal
Q23: Under an appraisal clause, an impartial umpire
Q24: An assignment is the transfer of the
Q25: Match the descriptions with their terms:
-The clause
Q26: Match the descriptions with their terms:
-A/An _
Q28: Match the descriptions with their terms:
-The person
Q29: Match the descriptions with their terms:
-A/An _
Q30: Match the descriptions with their terms:
-_ restrict
Q31: Match the descriptions with their terms:
-_ restrict
Q32: Match the descriptions with their terms:
-_ means
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