Homeowner’s co-insurance requires the insured to carry insurance protection equal to the market value of the house.

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


False

Rationale: Co-insurance, a provision commonly found in property insurance contracts, requires policyholders to buy insurance in an amount equal to a specified percentage of the replacement value of their property. See 10-1: Basic Principles of Property Insurance.

Business

You might also like to view...

"You know," "um," and "uh" used by a speaker are examples of

A) non-?uencies B) articulation C) transitions D) pitch

Business

Appropriate methods for conducting exploratory research would include:

A) secondary data analysis B) experience surveys C) case analysis D) only A and B E) all of the above

Business

When a single manager performs a discriminatory act based on his own biases and beliefs, he is engaging in what type of discriminatory act?

a. Culture based b. Intentional c. Individual d. Overt

Business

Define appropriation and give an example

Business