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Eric and Tammy are concerned if they have adequate insurance for their auto, home and life. They have a split limit policy of $50k/$100k/$50 for liability limits and $500 deductibles, but they don’t understand what this really means. Eric and Tammy also have their home insured 100% of its actual cash value and they have replacement cost coverage on their property. They would like you to explain to them what these numbers mean and provide guidance if needed.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92751052

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