Insurance Policy Provision requiring Minimum Coverage
Not what you're looking for?
A policy provision that requires an insured to carry a certain minimum level of insurance covering property in order to be able to recover the full policy amount is:
a. an exclusion clause
b. an indemnity clause
c. a coinsurance clause
d. a reinsurance clause
e. a deductible clause.
Purchase this Solution
Solution Summary
Solution explains the concept of Minimum Coverage of Provision of Insurance Policy
Solution Preview
c. a coinsurance clause
Ref: http://www.answers.com/topic/coinsurance
A clause in an insurance policy stating the minimum percentage of value to be ...
Purchase this Solution
Free BrainMass Quizzes
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.