a. What is a valued policy? Why is it used? b. What is a valued policy law?

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a. What is a valued policy? Why is it used?
b. What is a valued policy law?
c. What is a replacement cost policy?

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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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Question Posted: Jan 30, 2015 07:40 AM

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a. What is a valued policy? Why is it used? b. What is a valued policy law?

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a A valued policy pays the face amount of insurance in the event ...View the full answer

Principles of Risk Management and Insurance

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