Multiple Choice
If the insured chooses this basis of property insurance payment in building and personal property coverage form, then the provision 7 valuation of section E, loss conditions, applies.Identify this basis of payment.
A) Replacement cost new
B) Virtual replacement cost
C) Actual cash value
D) Forecasted cash value
E) Extended replacement cost
Correct Answer:

Verified
Correct Answer:
Verified
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Q36: The intent of this insurance policy was
Q37: Which of the following statements is true
Q39: This ISO's liability program, available to all
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Q41: The _ causes of loss form is
Q42: Which of the following is a guarantee
Q43: The ISO _ is a manufacturer's output