Match the descriptions with their terms:
-_________________ means replacement cost minus depreciation.
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
Q27: 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
Q33: Match the descriptions with their terms:
-Insurance that
Q34: Match the descriptions with their terms:
-The _
Q35: Match the descriptions with their terms:
-The part
Q36: Match the descriptions with their terms:
-The person
Q37: Match the descriptions with their terms:
-When a/an
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