An Insurance Policy Provision That Specifies How a Property Loss

question 4

Multiple Choice

An insurance policy provision that specifies how a property loss will be settled if more than one property insurance policy covers the loss is the

• A)insuring agreement provision.
• B)loss settlement provision.
• C)other insurance provision.
• D)coinsurance provision.

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Definitions:

Defense Mechanism

Psychological strategies brought into play by individuals, unconsciously, to protect themselves from anxiety or to provide a refuge from a situation with which they cannot currently cope.

Brain Parts

Refers to the various structures within the brain, such as the cerebrum, cerebellum, and brainstem, each serving different functions.

Storage Of Events

The process of retaining and organizing information about occurrences in the brain for later retrieval.

Informational Chunk

A group of items or pieces of information that are stored or processed as a single unit in memory.