On a PAP all of the following are supplementary payments EXCEPT:

A.Cost of bail bonds up to $250

B.Loss of earnings incurred by attending trials at the insurer's request

C.Premiums on appeal bonds posted by the insurer

D.Cost of defense

Answer: D.Cost of defense

Casualty

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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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The voluntary relinquishment of a legal right is called
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The pro rata liability clause is designed to protect the principle of
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