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A consignment of 100 packages of equal value insured at $64,000.00 so valued sustained loss and damage as follows: 20 packages totally lost during
A consignment of 100 packages of equal value insured at $64,000.00 so valued sustained loss and damage as follows: 20 packages totally lost during discharge from overseas vessel (insured peril) 80 packages damaged by water (insured peril) Surveyor estimates gross sound arrived value of whole consignment at $59,500.00 and determines by sale the gross damaged arrived value of the water damaged packages at $46,880.00 Survey fees and sale charges amount to $590.00. Required: a. b. Calculate the claim due the insured under this policy. If freight in the above scenario was prepaid and insured separately at $9000.00 calculate the freight claim.
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