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Business, 03.03.2020 22:48 chessacs2950

ABC Insurance retains the first $1 million of each property damage loss and purchases insurance 22) for that part of any property loss that exceeds $1 million. The insurance for property losses above $1 million is called

A) coinsurance
B) excess insurance
C) liability insurance.
D) primary insurance.

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Answers: 2

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ABC Insurance retains the first $1 million of each property damage loss and purchases insurance 22)...

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