3336 A bank suffers a fire. The insured incures $10,000 in extra expenses during the first month after the fire. the ins

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3336
A bank suffers a fire. The insured incures $10,000 in extra
expenses during the first month after the fire. the insured has an
extra expense policy for $20,000 and 40/80/100 Limits. What is the
maximum amount that will be paid for the first
month?
a. $0
b. $5,000
c. $8,000
d. $10,000
3333
R owns a condominium. The individual unit owners are assessed
$10,000 each for an uninsured liability loss. R's HO-00-06 (HO-06)
Form will pay a maximum amount of:
a. $0
b. $1,000
c. $5,000
d. $7,500