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In a personal umbrella, the amount paid by the insured for certain losses not covered under the primary coverage is called
1. Self-insured retention.
2. Stop-loss.
3. Coinsurance.
4. Participation requirement.
Answer: 1. Self-insured retention.
The above question In a personal umbrella, the amount paid by the insured for certain losses not covered under the primary coverage is called, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
