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21-05-2020
Mathematics

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What is the purpose of apportionment? (its ideal, value, or vision)

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TodorokixTeaKettle TodorokixTeaKettle

21-05-2020

Answer:

An apportionment is the allocation of a loss between all of the insurance companies that insure a piece of property. This allocation is used to determine a percentage of liability for each insurer.

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