Exam (elaborations)
Fundamentals of Insurance Exam Test Q&A
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Fundamentals of Insurance Exam Test Q&A A building valued at $120,000 is insured for $30,000 and there is an 80% co-insurance clause on the policy. The building was totally destroyed by fire last weekend. The insured would receive a settlement of: a. 7,000 b. 12,000 c. 30,000 d. 37,5000 ...
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