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Match the Descriptions with Their Terms

Question 29

Multiple Choice

Match the descriptions with their terms:
-_________________ restrict payments to some maximum amount on any one definite item of property.


A) Actual cash value
B) Aggregate dollar limits
C) coinsurance
D) disappearing deductible
E) franchise deductible
F) insuring agreement
G) mortgagee
H) mortgagee clause
I) named insured
J) named peril
K) open-perils agreement
L) pro-rata clause
M) pure premium
N) replacement cost
O) Specific dollar limits

Correct Answer:

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