Underinsurance

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PostPosted: Sat Jul 08, 2006 11:37 am   Post subject: Underinsurance  

Underinsurance

The result of the policyholder's failure to buy sufficient insurance. An underinsured policyholder may only receive part of the cost of replacing or repairing damaged items covered in the policy.
lakemen
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lakemen
Joined: 18 May 2005
Posts: 1279


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