A Coinsurance Clause Requires the Insured to Maintain Insurance on the Covered

question 50

True/False

A coinsurance clause requires the insured to maintain insurance on the covered property up to a certain amount or a certain percent of the value,generally 80 percent.

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Definitions:

Relevance Timing

The optimal or most appropriate point in time for information or actions to have the most impact or relevance to a given situation or audience.

Filtering

The process of selectively choosing which information to pay attention to and which to ignore.

Nonverbal Communication

The process of conveying a message without the use of words, through body language, facial expressions, gestures, posture, and other non-linguistic means.

Communication Skills

Communication skills involve the ability to effectively convey, interpret, and negotiate meanings in various contexts.