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Business, 30.03.2020 20:45 DissTrack

A commercial building with a market value of $200,000 has an insurance policy with an 80 percent coinsurance clause. The owner carried $120,000 of insurance and sustained a covered loss of $60,000. What amount of the loss would be covered by the insurance company

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A commercial building with a market value of $200,000 has an insurance policy with an 80 percent coi...
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