Exam (elaborations)
RIBO – Habitational Exam Latest Version 2024/2025 Expert-Verified Q&As
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A building is valued at $500,000 with a Fire and EC Policy. The insurer stipulates a 90% co-insurance clause will apply on the policy. The building is insured for $300,000. One month after the policy has been issued; they building suffered a theft loss of $100,000. There is a $1,000 deductible. H...
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