A(n)________ Is an Amount of Any Loss That Is to Be

question 27

Multiple Choice

A(n) ________ is an amount of any loss that is to be paid by the insured and can be a specified dollar amount,a percentage of the claim amount,or a specified amount of time that must elapse before benefits are paid.

• A)loan value
• B)deductible
• C)annuity
• D)cash surrender value

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