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Which one of the following statements is true regarding the Loss Conditions in the Business Income Coverage ( BIC ) Form? A The Duties in
Which one of the following statements is true regarding the Loss Conditions in the Business Income Coverage BIC Form? A The Duties in the Event of Loss clause allows the insured up to ten years to resume normal business operations B The Loss Determination clause states that the business income loss is determined based on the net income of the business before the loss occurred and other relevant sources of information C The Loss Payment clause requires the insurer to pay for a covered loss once the amount of loss is agreed to even if the insured has failed to comply with some policy conditions. D The Appraisal clause allows appraisal of losses in disputes between the insurer and insured as to whether the loss is covered
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