Exam (elaborations)
CIC PERSONAL LINES- RESIDENTIAL EXAM QUESTIONS AND ANSWERS
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CIC PERSONAL LINES- RESIDENTIAL EXAM QUESTIONS AND ANSWERS Importance of Correct Valuation of Property and Compliance with insurance-to-value - Answer-Total Loss: If insurance is less than Replacement Value (R.V.), the insured doesn't have enough $ to replace property Partial Loss: If insuran...
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