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13. Which one of the following is true about the purpose of the Value Reporting Form? A. The Value Reporting Form is automatically written on
13. Which one of the following is true about the purpose of the Value Reporting Form? A. The Value Reporting Form is automatically written on a blanket basis so that a specific limit of insurance is not assigned by location. B. The Value Reporting Form was created to address coverage for businesses with unpredictable personal property fluctuations. C. Premium for the Value Reporting Form is calculated based on estimated reported ranges of values at policy inception. D. The limit of insurance is automatically increased if a report exceeds the policy limit shown in the policy declarations
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