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Identify the Endorsement That Increases the Amount of Insurance Automatically

Question 17

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:

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