1. Ahmed had a medical health insurance policy with a $300 calendar year deductible and a 25% coinsurance clause. He needed medical treatment that cost $14,000. How much will he pay? (1 mark)

2. A $70,000 medical malpractice claim was covered under three liability insurance contracts. Policy A contained a $400,000 limit of liability, Policy B contained a $110,000 limit of liability while Policy C contained a $20,000 limit of liability. The contracts provided for contribution by equal shares. How much will the hospital collect from each insurer? (1 mark)