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Chapter 10 Financial Planning Exercise 1 Co-insurance clauses Assume that Tina Walsh had a homeowner's insurance policy with $150,000 of coverage on the dwelling. Would

Chapter 10

Financial Planning Exercise 1

Co-insurance clauses

Assume that Tina Walsh had a homeowner's insurance policy with $150,000 of coverage on the dwelling. Would a 90% co-insurance clause be better than an 80% clause in such a policy?

Give reasons to support your answer.

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