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: D
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Which of the following is a desirable quality for a brand name?
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