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If an Insured Cancels Her Property-Liability Insurance and Asks for a Refund,the

Question 25

Multiple Choice

If an insured cancels her property-liability insurance and asks for a refund,the premium is:


A) returned on a short rate basis
B) returned on a pro rata basis
C) not returned
D) returned 100% if the cancellation occurs during the first 10 days of the contract

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