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What is the liability of the insurance company

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Question: A church building with a gym attached, is worth $400,000 and is insured for $240,000. Assuming an 80% coinsurance clause and a fire that caused $100,000 of damage, what's the liability of the insurance company? The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132738052

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