Guaranteed replacement form
Standard insurance form
Standard endorsement form
Standard policy form
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The correct answer is: D. Standard policy form
A standard policy form is a type of insurance policy that is designed to be used by many different insurers and has exactly the same provisions. This means that all insurers that use a standard policy form will offer the same coverage and benefits to their policyholders. Standard policy forms are often used for life insurance, health insurance, and property insurance.
A guaranteed replacement form is a type of insurance policy that guarantees that the insurer will replace the insured property with a new one of equal value, even if the insured property is worth more than
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