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Business, 07.04.2020 15:47 chammusa2

Assume you have a property insurance contract which includes an 80% coinsurance provision. The insured building is worth $5,000,000 and you bought $3,000,000 worth of coverage. If you suffered an insured loss of $2,000,000, how much would you expect from the insurer?

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Assume you have a property insurance contract which includes an 80% coinsurance provision. The insur...
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