The ABC corporations building is insured for $100,000 by 3 insurance companies and the amounts of $25,000 by company X,
Posted: Wed May 18, 2022 11:08 pm
The ABC corporations building is insured for $100,000 by 3 insurance companies and the amounts of $25,000 by company X, $40,000 by company Y, and $35,000 by company Z if a $10,000 loss occurs, how much will be paid by company Y?
a. $2,500
b. $4,000
c. $8,000
d. $10,000
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
a. $2,500
b. $4,000
c. $8,000
d. $10,000
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