Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Your house has a replacement value of $120,000.Your HO policy has an 80% co-insurance clause.In order to receive full compensation if your house is totally destroyed,you must carry insurance for [$96,000 | $120,000].
Correct Answer:
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Q127: Choose the word or phrase in [
Q128: Choose the word or phrase in [
Q129: Choose the word or phrase in [
Q130: Choose the word or phrase in [
Q131: Section I of a homeowner's insurance policy
Q133: Choose the word or phrase in [
Q134: Choose the word or phrase in [
Q135: Choose the word or phrase in [
Q136: Choose the word or phrase in [
Q137: The advisable dollar coverage for any one
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