Homeowners Are Eligible for Reimbursement on a Full Replacement-Cost Basis

question 48

Multiple Choice

Homeowners are eligible for reimbursement on a full replacement-cost basis only if they keep their homes insured for at least __________ of the amount that it would cost to build them today. ​

• A)80 percent
• B)20 percent
• C)100 percent
• D)50 percent

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Definitions:

Retention Strategies

Are approaches undertaken by organizations to keep employees and reduce turnover rates.

Job Dissatisfaction

A negative emotion towards one’s job due to various factors like working conditions, relationships, or a mismatch between job expectations and reality.

Causes

The reason or motive for an action or condition, leading to a certain outcome or effect.

Types Of Justice

Refers to the various bases of fairness, which include distributive justice (fairness in outcomes), procedural justice (fairness in the processes that lead to outcomes), and interactional justice (fairness in interpersonal interactions).