Exam (elaborations)
Oklahoma Property & Casualty Question with 100 % correct answers | Verified | updated
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80% - Standard co-insurance amount. Abandonment - The insured leaving the damaged property and demanding full payment for a total loss. Actual Cash Value (ACV) - Replacement cost at the time of loss less depreciation. Actuary - The person who establishes rates for the insurer. Advertising Liab...
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