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The insured has the building covered under the Building and Personal Property Coverage Form in the amount of $100,000. The Replacement Cost Value of the building is $125,000. The policy contains a $5,000 deductible clause. Assuming no other coverage, which of the following is payable in the event of a $120,000 loss?Choose one answer. a. $100,000 b. $125,000 c. $95,000 d. $80,000
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