What type of clause in an insurance policy states that the insurer will pay for a covered loss only

to the extent that it exceeds a certain stated amount that the insured pays toward that loss?

A) Subrogation clause
B) Deductible clause
C) Endorsement clause
D) Coinsurance clause
E) Indemnity clause


B

Business

You might also like to view...

In the early days of the CIO, one of the key features that distinguished it from the AFL was an acceptance of minorities, immigrants, and women into the union.

Answer the following statement true (T) or false (F)

Business

The _____________ movement that started in New York City in 2011 has brought the problem of 21st century economic and social inequality into the public consciousness.

Fill in the blank(s) with the appropriate word(s).

Business

Research has shown that people will lie for all of the following reasons except:

a. they have learned to lie through negative modeling. b. they have a habit of lying. c. they feel if they lie they won't get what they want. d. they fear punishment or adverse consequences.

Business

According to the UCC, one or more open terms will not cause a sales contract to fail for indefiniteness as long as the parties intended to make a contract and there is a reasonably certain basis for the court to determine the open terms

a. True b. False Indicate whether the statement is true or false

Business