- Question 26 Faisal Has Insured His Vehicle With Axa Insurance Company Throughout The Year He Experiences A Loss In Janu 1 (147.67 KiB) Viewed 37 times
- Question 26 Faisal Has Insured His Vehicle With Axa Insurance Company Throughout The Year He Experiences A Loss In Janu 2 (63.68 KiB) Viewed 37 times
QUESTION 26 Faisal has insured his vehicle with AXA insurance company. Throughout the year he experiences a loss in January costing 2275, another in May costing 1526 and the last in December costing 2792. If Faisal has an aggregate deductible of 1688. How much will the insurer pay?
QUESTION 25 Khalid has purchased insurance for his home with four different companies, Company A covers 4879, Company B covers 4587, Company C covers 3237 and Company d covers 2976. Assuming the insurers follow a pro-rata liability method, how much will company B pay if a loss of 5733 occurs?