a. Explain the difference between the discovery form and the loss-sustained form. b. What is the purpose

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a. Explain the difference between the discovery form and the loss-sustained form.
b. What is the purpose of the retroactive date endorsement that may be attached to a policy written on a discovery basis?

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Principles of Risk Management and Insurance

ISBN: 978-0132992916

12th edition

Authors: George E. Rejda, Michael McNamara

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