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59GS 59GS is offline
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Join Date: Nov 2006
Location: Mid-coast Cali
Posts: 61
Drcoastline

The 15 million which is our initial obligation is labeled Retention. Oncce that is dealt with THEN we have a 5% deductible, then they pay their 5 mil coverage.

This is California.

We owe them 25% of the premium if we cancel the policy.
Old 01-31-2011, 11:55 AM
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