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Question 392 - CTFA discussion

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A participation or co-insurance clause stipulates that the company will pay some portion of the covered loss in excess of the deductible rather than the entire amount. How much portion of the covered loss may be paid by the company?

A.
60%-70%
Answers
A.
60%-70%
B.
70%- 90%
Answers
B.
70%- 90%
C.
80%-90%
Answers
C.
80%-90%
D.
Any one of these
Answers
D.
Any one of these
Suggested answer: C
asked 16/09/2024
Grzegorz GÅ‚ogowski
32 questions
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