2. A manufacturing firm incurred the following insured losses, in the order given, during the current...
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2. A manufacturing firm incurred the following insured losses, in the order given, during the current policy year. Loss A B C D Amount of Loss $3,600 $ 7,200 $ 15,000 $ 32,000 a. How much would the company's insurer pay for each loss if the policy contains the following type of deductibles? 1. $4,000 straight deductible 2. $ 45,000 annual aggregate deductible 2. A manufacturing firm incurred the following insured losses, in the order given, during the current policy year. Loss A B C D Amount of Loss $3,600 $ 7,200 $ 15,000 $ 32,000 a. How much would the company's insurer pay for each loss if the policy contains the following type of deductibles? 1. $4,000 straight deductible 2. $ 45,000 annual aggregate deductible
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Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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