All of the following are considered limited lines of authority EXCEPT

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All of the following are considered limited lines of authority EXCEPT

A. Surplus lines.
B. Credit insurance.
C. Travel insurance.
D. Bail bonds.

Answer: A. Surplus lines

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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?

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