All of the following are exceptions in a policy EXCEPT

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All of the following are exceptions in a policy EXCEPT

A.Easement
B.Deed restriction
C.Right of way
D.Interest rate

Answer: D.Interest rate

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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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