Exam (elaborations)
Wyoming Producer License Test | Questions with 100% Correct Answers | Verified | Latest Update 2024
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Which of the following is most closely related to the concept of insurable interest? A. Loss valuation B. Indemnity C. Actual cash value D. Replacement cost - B. Indemnity An insured is indemnified to the degree of his insurable interest in the covered property. Replacement cost minus depreci...
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