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QUESTION 28 Khalid has purchased insurance for his home with four different companies, Company A covers 2960, Company B
Posted: Sun Jun 05, 2022 11:07 am
by answerhappygod
- Question 28 Khalid Has Purchased Insurance For His Home With Four Different Companies Company A Covers 2960 Company B 1 (13.55 KiB) Viewed 34 times
QUESTION 28 Khalid has purchased insurance for his home with four different companies,
Company A covers 2960,
Company B covers 2347,
Company C covers 4965 and
Company d covers 3343. Assuming the insurers follow a pro-rata liability method, how much will
company B pay if a loss of 5368 occums?