Multiple Choice
Which one of the following explains the effect of a co-insurance clause?
A) A co-insurance clause provides for the insurance claim to be split between two or more beneficiaries.
B) A co-insurance clause provides for several different properties to be insured under the same policy.
C) A co-insurance clause provides for the insurance company to only pay a percentage of any loss.
D) A co-insurance clause provides for more than one person to pay the premium.
E) A co-insurance clause provides for the insurance company to arrange its own insurance on a large policy.
Correct Answer:

Verified
Correct Answer:
Verified
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