Which of the following best describes how losses are valued under a Commercial Crime policy?

Which of the following best describes how losses are valued under a Commercial Crime policy?



Answer: Money is valued at face value; securities are set at their value on the day the loss is discovered; and other property is valued at the lesser of the cost to repair or replace. The Valuation provision states that money is valued at its face value; securities are set at their value on the day the loss is discovered; and other property is valued at the lesser of the cost to repair or replace.


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