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Question # 36

Which of the following best describes the effect of a hard market on insureds?

Options:

A.

Lower premiums and broader coverage availability

B.

Higher premiums and stricter underwriting standards

C.

Reduced deductibles and expanded policy terms

D.

Increased competition among insurers

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Property and Casualty Overview

Name Property and Casualty
Code Property and Casualty
Vendor Finance, Insurance and Real Est
Certification State Licensing Boards

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