All of the following statements about the businessowners policy are tr

All of the following statements about the businessowners policy are true EXCEPT

A) Coverage for business personal property includes coverage for leased personal property which the named insured has a contractual responsibility to insure.
B) The amount of insurance on the buildings increases by a stated percentage each year.
C) Additional coverages include pollutant cleanup and removal.
D) The policy must be written with a deductible of at least $2,000 for property losses.

 

 

ANSWER

Answer: D

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