Multiple Choice
Identify the endorsement that increases the amount of insurance automatically every year, or increases the amount of insurance to between 90 and 100 percent of replacement value and keeps the amount up to date every time the policyholder pays the premium.
A) Property protector endorsement
B) Equipment breakdown endorsement
C) Bond endorsement
D) Replacement cost guarantee endorsement
E) Inflation guard endorsement
Correct Answer:

Verified
Correct Answer:
Verified
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Q13: Personal liability coverage in a homeowners policy
Q14: Homeowners policies are sometimes referred to as
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Q18: Identify the situation that is covered under
Q19: Describe umbrella policies in detail.
Q20: According to this doctrine, when a loss
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Q22: Flood insurance under the regular program is