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Which one (1) of the following poticy? OA) If the amount of the los greater than the deduct من From the amount of the OC) The amount of the dedu D) The amount of the deduc

Which one (1) of the following poticy? OA) If the amount of the los greater than the deduct من From the amount of the OC) The amount of the dedu D) The amount of the deduc

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which one (1) of the following statements is correct regarding the application of a "Deductibile Clause in a property poticy? amount of the loss. covered in full. OA) If the amount of the loss is less than the amount of the deductible, no indemnity is paid, but the greater than the deductible, the loss is paid in full. in settlement From the amount of the loss, the deductible is subtracted and the balance is paid OC) The amount of the deductible is subtracted from the sum insured. Losses up to this amount OD) The amount of the deductible is added to the premiurn and all losses are covered in fult, are insurance of the loss is
Transcribed Image Text:which one (1) of the following statements is correct regarding the application of a "Deductibile Clause in a property poticy? amount of the loss. covered in full. OA) If the amount of the loss is less than the amount of the deductible, no indemnity is paid, but the greater than the deductible, the loss is paid in full. in settlement From the amount of the loss, the deductible is subtracted and the balance is paid OC) The amount of the deductible is subtracted from the sum insured. Losses up to this amount OD) The amount of the deductible is added to the premiurn and all losses are covered in fult, are insurance of the loss is
79 of 90 Which one (1) of the following clauses in a property insurance policy does NOT affect the amount of settlement an insured would receive as a result of an insured loss? Co-insurance clause. Deductible clause. Pro-rata distribution clause. All perits rider.
Transcribed Image Text:79 of 90 Which one (1) of the following clauses in a property insurance policy does NOT affect the amount of settlement an insured would receive as a result of an insured loss? Co-insurance clause. Deductible clause. Pro-rata distribution clause. All perits rider.
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