Barton Industries keeps copies of key documents stored at a second location. The risk control technique Barton Industries is using is

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Barton Industries keeps copies of key documents stored at a second location. The risk control technique Barton Industries is using is

A. Duplication.

B. Separation.

C. Loss prevention.

D. Avoidance.

Answer: A

AINS Chapter 7

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay? a) $0 b) $30,000 c) $32,000 d) $40,000 Answer: B

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