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    Risk Management and Insurance Study Set 1
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    Exam 11: Insurance Contracts
  5. Question
    A Binder Is
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A Binder Is

Question 40

Question 40

Multiple Choice

A binder is:


A) part of most property insurance contracts
B) a release of any additional claims against the insurer
C) a legal response when the insurer informs the insured a claim is denied
D) a temporary contract

Correct Answer:

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