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Match the Term with Its Definition

Question 10

Multiple Choice

Match the term with its definition.
-A loss in which physical damage to property reduces its value to the property owner


A) actual cash value (ACV)
B) commercial general liability (CGL) insurance
C) direct loss
D) disability buyout insurance
E) disability insurance
F) indirect loss
G) loss avoidance
H) loss prevention
I) loss reduction
J) replacement value of property

Correct Answer:

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