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Exhibit 8-1
-Refer to Exhibit 8-1. At 70 units of output, fixed costs equal
Insured
The individual or entity covered by an insurance policy, who is entitled to benefits in case of a covered loss.
Insurance Agent
A professional authorized to sell and advise on insurance policies, acting as an intermediary between insurers and policyholders.
Liability Coverage
Insurance protection against claims resulting from injuries and damage to people and/or property.
Insured
A person or entity covered under an insurance policy to receive compensation for losses or damages.
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