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.

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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: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.
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
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
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