QUESTION 30 Khalid has purchased insurance for his home with four different companies, Company A covers 4510, Company B

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

QUESTION 30 Khalid has purchased insurance for his home with four different companies, Company A covers 4510, Company B

Post by answerhappygod »

Question 30 Khalid Has Purchased Insurance For His Home With Four Different Companies Company A Covers 4510 Company B 1
Question 30 Khalid Has Purchased Insurance For His Home With Four Different Companies Company A Covers 4510 Company B 1 (12.23 KiB) Viewed 28 times
QUESTION 30 Khalid has purchased insurance for his home with four different companies, Company A covers 4510, Company B covers 2170, Company C coven 4518 and Company d covers 3033. Assuming the insurers follow a pro-rata liability method, how much will company B pay if a loss of 5380 occurs?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply