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212. What is an example of a modular policy? a. Commercial Package policy b. Personal Umbrella policy c. Commercial Automobile policy d. Homeowners policy

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212. What is an example of a modular policy? a. Commercial Package policy b. Personal Umbrella policy c. Commercial Automobile policy d. Homeowners policy 213. Miss Shaw has a fire policy for $160,000 on her building which is valued at $100,000. The policy has an 80% coinsurance clause. A fire causes $50,000 of damage. Miss Shaw can collect a. $40,000 b. $50,000 c. $100,000 d. $128,000

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