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General Allied Company Obtains Insurance Policies with Hy-Rate Insurance,Inc

Question 18

Multiple Choice

General Allied Company obtains insurance policies with Hy-Rate Insurance,Inc.,and Ideal InsurCo against the risk of loss of General's of?fice building in a fire.Each policy includes a multiple insurance clause.A fire partially destroys the building.General can collect from Hy-Rate


A) all of the loss.
B) half of the loss.
C) its proportionate share of the loss to the total amount of insurance.
D) none of the loss.

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