Multiple Choice
If Claudia has a $500 disappearing deductible with a 5 percent recapture factor on her property policy and has a $1,000 covered loss, she will receive from her insurer
A) $525,
B) $450,
C) $400.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q17: Most policies of property-liability insurance cover property
Q18: Match the descriptions with their terms:<br>-A/An _
Q19: An open-perils policy means that the policy
Q20: Apportionment clauses preserve the principle of indemnity.
Q21: The only person covered under an insurance
Q23: It is common to exclude war loss
Q24: Match the descriptions with their terms:<br>-The person
Q25: Match the descriptions with their terms:<br>-_ means
Q26: The contents of a building are included
Q27: All insurance contracts may be canceled at