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Pearson VUE: Property Insurance Practice Exam Revised Questions and Answers / Sure A+
- Exam (elaborations) • 18 pages • 2024
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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 and Answers (100%Verified).
- Exam (elaborations) • 29 pages • 2024
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Pearson VUE: Property Insurance Practice Exam Questions and Answers (100%Verified). 
1. 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: answer- C 
2. The MAXIMUM amount a p...
-
Pearson VUE: Property Insurance Practice Exam Questions and Answers (100%Verified).
- Exam (elaborations) • 29 pages • 2024
-
- $10.99
- + learn more
Pearson VUE: Property Insurance Practice Exam Questions and Answers (100%Verified). 
1. 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: answer- C 
2. The MAXIMUM amount a p...
-
Pearson VUE: Property Insurance Practice Exam Questions and Answers (100%Verified).
- Exam (elaborations) • 29 pages • 2024
-
- $11.99
- + learn more
Pearson VUE: Property Insurance Practice Exam Questions and Answers (100%Verified). 
1. 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: answer- C 
2. The MAXIMUM amount a p...
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Pearson VUE: Property Insurance Practice Exam 100% GUARANTEED PASS RATED A++
- Exam (elaborations) • 21 pages • 2024
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- $13.99
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QUESTIONS AND ANSWERS
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Pearson VUE: Property Insurance Practice Exam 100% GUARANTEED PASS ALREADY PASSED
- Exam (elaborations) • 21 pages • 2024
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- $9.99
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QUESTIONS AND ANSWERS
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Pearson VUE: Property Insurance Practice Exam 100% GUARANTEED PASS
- Exam (elaborations) • 21 pages • 2024
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- $10.99
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QUESTIONS AND ANSWERS
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Pearson VUE: Property Insurance Practice Exam Questions & Answers (RATED A)
- Exam (elaborations) • 13 pages • 2024
- Available in package deal
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- $11.99
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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 - ANSWER-C 
 
The MAXIMUM amount a policy will pay in the event of a loss is called the: 
 
A. coinsurance amount 
 
B. d...
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Pearson VUE: Property Insurance Practice Exam Questions & Answers (RATED A+)
- Exam (elaborations) • 13 pages • 2024
- Available in package deal
-
- $11.49
- + learn more
Pearson VUE: Property Insurance Practice Exam Questions & Answers (RATED A+) 
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 - ANSWER-C 
 
The MAXIMUM amount a policy wi...
-
Pearson VUE: Property Insurance Practice Exam Questions and Answers (Graded A)
- Exam (elaborations) • 13 pages • 2024
- Available in package deal
-
- $11.49
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Pearson VUE: Property Insurance Practice Exam Questions and Answers (Graded A)Pearson VUE: Property Insurance Practice Exam Questions and Answers (Graded A)Pearson VUE: Property Insurance Practice Exam Questions and Answers (Graded A)Pearson VUE: Property Insurance Practice Exam Questions and Answers (Graded A) 
 
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 coinsu...
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