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As a measure of potential loss, the amount of insurance the policy provides is the easiest to calculate as a potential for loss. However, which
As a measure of potential loss, the amount of insurance the policy provides is the easiest to calculate as a potential for loss. However, which one of the following is true regarding the amount of insurance on the policy? Available answer options Select only one option A This amount is equal to the probable maximum loss. B This amount is what would be paid for any total loss. C This amount is always subject to a coinsurance amount. D This amount could have little bearing on the amount of actual loss.
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