Certain kinds of policy are generally available as "Valued" policies. Which one (1) of the following forms of insurance is likely to be such a policy? OA) Personal Computer coverage on a Homeowners policy. OB) Umbrella Liability policy. OC) Voluntary Property Damage cover under the Liability section of a Homeowners policy. OD) Jewellery scheduled on a Homeowners policy.
Certain kinds of policy are generally available as "Valued" policies. Which one (1) of the following forms of insurance is likely to be such a policy? OA) Personal Computer coverage on a Homeowners policy. OB) Umbrella Liability policy. OC) Voluntary Property Damage cover under the Liability section of a Homeowners policy. OD) Jewellery scheduled on a Homeowners policy.
Related questions
Question
pls help ASAP

Transcribed Image Text:Certain kinds of policy are generally available as "Valued" policies. Which one (1) of the following forms of insurance is
likely to be such a policy?
OA) Personal Computer coverage on a Homeowners policy.
OB) Umbrella Liability policy.
OC) Voluntary Property Damage cover under the Liability section of a Homeowners policy.
OD) Jewellery scheduled on a Homeowners policy.

Transcribed Image Text:A building worth $100,000 is insured for $60,000 under a policy with a 90% co-insurance clause. Fire damages the
building to the extent of $45,000. How much does the insurer pay?
OA) $60,000.00
OB) $45,000.00
OC) $36,000.00
OD) $30,000.00
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
