Question: The BOP has a payment provision that provides either (1) the actual cash value (ACV) of the lost or damaged property or (2) a proportion

The BOP has a payment provision that provides either (1) the actual cash value (ACV) of the lost or damaged property or (2) a proportion of the cost to repair or replace the lost or damaged property without deduction for depreciation, equal to the amount of insurance carried divided by 80 percent of the insurable value. This provision is called Select one: A. Insurance to value provision B. Replacement cost provision C. Agreed value provision D. Coinsurance provision

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