A participation or co-insurance clause stipulates that the company will pay some portion of the covered loss in excess o
Posted: Thu Jul 21, 2022 8:58 pm
A participation or co-insurance clause stipulates that the company will pay some portion of the covered loss in excess of the deductible rather than the entire amount. How much portion of the covered loss may be paid by the company?
A. 60%-70%
B. 70%- 90%
C. 80%-90%
D. Any one of these
A. 60%-70%
B. 70%- 90%
C. 80%-90%
D. Any one of these