Match the descriptions with their terms:
-When a/an _________________ is used, the size of the deductible decreases as the size of the loss increases.
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
Q32: Match the descriptions with their terms:
-_ means
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
Q38: Match the descriptions with their terms:
-In health
Q39: Match the descriptions with their terms:
-In property
Q40: An insured has a building with an
Q41: In the case in the previous question,
Q42: Jane Smith insures her $30,000 house as
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