Page 1 of 1
QUESTION 27 Khalid has purchased insurance for his home with four different companies, Company A covers 3278, Company B
Posted: Sun Jun 05, 2022 10:57 am
by answerhappygod
- Question 27 Khalid Has Purchased Insurance For His Home With Four Different Companies Company A Covers 3278 Company B 1 (11.37 KiB) Viewed 30 times
QUESTION 27 Khalid has purchased insurance for his home with four different companies,
Company A covers 3278,
Company B covers 2469,
Company C covers 2551 and
Company d covers 4232. Assuming the insurers follow a pro-rata liability method, how much will
company B pay if a loss of 7395 occur? 2 points