Short Answer
Choose the word or phrase in [ ] which will correctly complete the statement.Select "a" for the first item,"b" for the second item,and "c" if neither item will correctly complete the statement.
-Your house has a replacement value of $120,000.Your homeowner's policy has an 80% co-insurance clause.In order to receive full compensation if your house is totally destroyed,you must carry insurance for [$96,000 | $120,000].
Correct Answer:
Verified
Correct Answer:
Verified
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