24. Hi-Volt Electronics had multiple carrier fire insurance coverage in the amount of $500,000, as follows: Aetna: State
Posted: Mon May 30, 2022 8:21 am
- 24 Hi Volt Electronics Had Multiple Carrier Fire Insurance Coverage In The Amount Of 500 000 As Follows Aetna State 1 (65.62 KiB) Viewed 22 times
- 24 Hi Volt Electronics Had Multiple Carrier Fire Insurance Coverage In The Amount Of 500 000 As Follows Aetna State 2 (86.61 KiB) Viewed 22 times
Level 2 Chapter 19 - Section II - Exercise 24 Hi-Volt Electronics had multiple carrier fire insurance coverage in the amount of $500,000, as follows: Aetna = State Farm = $300,000.00 policy $125,000.00 policy $75,000.00 policy Total coverage Liberty Mutual = Assuming that all coinsurance clause stipulations have been met, how much would each carrier be responsible for in the event of a $95,000 fire? Amount of loss = Carrier's percent of total coverage Aetna = State Farm = Liberty Mutual = Carrier's share of loss Aetna = State Farm = Liberty Mutual =