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Single advanced exposure could be written towards closed-end funds just in the event the one of one’s after the standards can be applied: (5) Reducing too-much coverage . If the a recognizable fees try erroneously designed to a borrower getting an amount of coverage you to exceeds the most dollar number of coverage specified regarding the class coverage and you can category certification otherwise individual policy, this new insurance company has the right to slow down the level of visibility into the compatible count given throughout the classification policy and you can category certificate or private coverage in the debtor?s lifestyle but merely within 60 days in the go out the new identifiable charges was designed to the…