Predetermined amount of percentage of salary

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Reference no: EM13762916

1) which of the following is used to only allow you to insure an item when you yourself would suffer a loss should the item be damaged?

Insurable interest; Indemnity; Deductible; or Coinsurance

2) In which qualified plan, a predetermined amount of percentage of salary is paid out upon retirement:  

401(k) plans; 403(b) plans; Defined Contribution plans; or Defined Benefit plans

Reference no: EM13762916

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