Which of the following information regarding an insured is NOT included in an Investigative Consumer Report, which is requested by an underwriter?

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Which of the following information regarding an insured is NOT included in an Investigative Consumer Report, which is requested by an underwriter?

A. Medical History
B. Applicant's character
C. Personal habits
D. General reputation

Answer: A. Medical History

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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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