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QUESTION 29 Khalid has purchased insurance for his home with four different companies, Company A covers 3564, Company B
Posted: Sun Jun 05, 2022 10:53 am
by answerhappygod
- Question 29 Khalid Has Purchased Insurance For His Home With Four Different Companies Company A Covers 3564 Company B 1 (54.47 KiB) Viewed 47 times
QUESTION 29 Khalid has purchased insurance for his home with four different companies,
Company A covers 3564,
Company B covers 3779,
Company C covers 4940 and
Company d covers 4869. Assuming the insurers follow a pro-rata liability method, how much will
company B pay if a loss of 5865 occurs?