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1. The insured has a BPP with a $100,000 coverage limit and a $1,000 deductible. He sustains a $150,000 covered loss. How much will the

1. The insured has a BPP with a $100,000 coverage limit and a $1,000 deductible. He sustains a $150,000 covered loss. How much will the insurer pay? Select one: a. $149,000 b. $99,000 C. $100,000 d. $150,000

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