a. Describe the following types of deductibles: 1. Straight deductible 2. Calendar-year deductible 3. Aggregate deductible b.
Question:
1. Straight deductible
2. Calendar-year deductible
3. Aggregate deductible
b. Explain the purposes of deductibles in property insurance contracts.
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a With a straight deductible the insured must pay a certain number of dollars befo...View the full answer
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Related Book For 
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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