Pearson VUE: Property Insurance Study guides, Class notes & Summaries
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Pearson VUE: Property Insurance Practice Exam Questions with Complete Answers| Rated A+
- Exam (elaborations) • 15 pages • 2023
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S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of $100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the event of a partial loss, S should purchase a policy with minimum limits of AT LEAST which of the following amounts? 
 
A. $100,000 
 
B. $90,000 
 
C. $80,000 
 
D. $20,000 - C 
 
The MAXIMUM amount a policy will pay in the event of a loss is called the: 
 
A. coinsurance amount 
 
B. deduc...
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Pearson VUE: Property Insurance Practice Exam | 50 Questions with 100 % Correct Answers | Verified
- Exam (elaborations) • 19 pages • 2023
- Available in package deal
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- $8.49
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S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of 
$100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the 
event of a partial loss, S should purchase a policy with minimum limits of AT LEAST which of the 
following amounts? 
A. $100,000 
B. $90,000 
C. $80,000 
D. $20,000 - C 
The MAXIMUM amount a policy will pay in the event of a loss is called the: 
A. coinsurance amount 
B. deductible 
C. limit...
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Pearson VUE: Property Insurance Practice Exam | Questions with 100 % Correct Answers | Verified
- Exam (elaborations) • 19 pages • 2023
- Available in package deal
-
- $7.39
- + learn more
S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of 
$100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the 
event of a partial loss, S should purchase a policy with minimum limits of AT LEAST which of the 
following amounts? 
A. $100,000 
B. $90,000 
C. $80,000 
D. $20,000 - C 
The MAXIMUM amount a policy will pay in the event of a loss is called the: 
A. coinsurance amount 
B. deductible 
C. limit...
-
Pearson VUE: Property Insurance Practice Exam Already Passed
- Exam (elaborations) • 30 pages • 2023
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Available in package deal
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- $9.99
- 1x sold
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Pearson VUE: Property Insurance Practice Exam Already Passed 
S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of $100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the event of a partial loss, S should purchase a policy with minimum limits of AT LEAST which of the following amounts? 
A. $100,000 
B. $90,000 
C. $80,000 
D. $20,000 C 
The MAXIMUM amount a policy will pay in the event of a loss is ca...
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