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Ahmed insures himself with AXA insurance company. His contract includes an aggregate deductible of 5000BD. During the year he suffers multiple losses: first loss 3000

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Ahmed insures himself with AXA insurance company. His contract includes an aggregate deductible of 5000BD. During the year he suffers multiple losses: first loss 3000 and second loss 2000. Based on this how much will each party pay? Insured Payment: Insurer Payment

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