cal AaBbc AaBb I No Spac... Heading 1 Heading 2 Heading 3 Title Subtitle Styles D. C. 20% D. 25% 40. The following cost would be the initial outlay in buying a house EXCEPT: A Down payment B. Stamping fee C. Valuation fee D. Renovation The person named in a life insurance policy to receive the death benefit is called the A policy holder B. beneficiary C. recipient D. insurance agent The amount you MUST pay out of pocket before insurance takes over is called the A premium B. bonus payout c. term payment D. deductible 2 13 Applies to the amount of protection you have through an insurance company in the event of a loss A. Coverage B. Policy C. Claim D. Liability Which coverage pays for injuries and damages to others only A Comprehensive B. Collision Personal Inary Protection