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Ray Felda purchased a cabin cruiser for $8,500 and took out an insurance policy for $10,000. The policy was to cover any loss from accidental
Ray Felda purchased a cabin cruiser for $8,500 and took out an insurance policy for $10,000. The policy was to cover any loss from accidental sinking or from storms. Late in August during a heavy windstorm the cruiser broke loose from its moorings and sunk.
Will Ray collect the full $10,000 from the insurance company?
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