In order for a commitment or title policy to be binding it must be signed by

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In order for a commitment or title policy to be binding it must be signed by

A. Theunderwriter
B. The insurance commission
C. The abstractor performing the search
D. A validating officer of the title company

Answer: D. A validating officer of the title company

Insurance

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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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How many pair of glasses in a 12-month period will a vision expense insurance plan cover?
The voluntary relinquishment of a legal right is called
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