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Claire met with James to sell him a property policy to cover his warehousing facilities. The appropriate amount of coverage was $ 8 0 0

Claire met with James to sell him a property policy to cover his warehousing facilities. The appropriate amount of coverage was $800,000. However, Claire's air-conditioning unit had just blown up and she had to use her "emergency funds" to replace it. Because she need some extra money to replace her "emergency fund," she recommended that James purchase $1.5 million in coverage. Selling property insurance limits that exceed the property's value is an example of (Search Chapter 2).
a. windowing.
b. insurer steering.
c. overselling.
d. unnecessary policy replacement.
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