【Production Version】Daily Question 20171212
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Which of the following statements regarding the deductible for all-risk construction insurance is correct? ( ) A. The deductible for the project itself is 0.5%–2% of the insured amount. B. The deductible for construction machinery and equipment is 5% of the insured amount. C. In third-party liability insurance, the deductible for property losses is 1%–2% of the compensation limit per incident. D. The deductible for personal injury is 5% of the loss amount. E. When covering the costs required to repair the damaged insured property, the deductible must be deducted first
The following statements regarding the deductible for all-risk construction insurance are correct (ABCE). A. The deductible for the project itself is 0.5%–2% of the insured amount. B. The deductible for construction machinery and equipment is 5% of the insured amount. C. In third-party liability insurance, the deductible for property losses is 1%–2% of the compensation limit per incident. D. The deductible for personal injury is 5% of the loss amount. E. When covering the costs required to repair the damaged insured property, the deductible must be deducted first