Author Question: John purchased an unendorsed Homeowners 3 policy. The coverage will expire next month. Which of the ... (Read 74 times)

jake

  • Hero Member
  • *****
  • Posts: 538
John purchased an unendorsed Homeowners 3 policy. The coverage will expire next month. Which of the following changes will lower the premium that John will pay?
 
  A) reducing the deductible
  B) adding a replacement cost endorsement for personal property
  C) switching to an HO-2 policy
  D) adding a personal injury endorsement

Question 2

The value of a bond investment, which provides fixed interest payments, will increase when
  discounted at an 8 rate rather than at an 11 rate.
 
  Indicate whether the statement is true or false


cegalasso

  • Sr. Member
  • ****
  • Posts: 295
Answer to Question 1

Answer: C

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

For a complete list of videos, visit our video library