Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An insurance contract has a straight deductiblo worth 10000, additionally it also has a coinsurance agreement which spection that a 53% comunanos causes on a

image text in transcribed
image text in transcribed
An insurance contract has a straight deductiblo worth 10000, additionally it also has a coinsurance agreement which spection that a 53% comunanos causes on a w valued at 16800 BD Based on this, if a loss worth 7530 happens, how much will the insurer pay? An insurance contract has a straight deductible worth 100BD, additionally it also has a coinsurance agreement which specifies that a 53% coinsurance cause mests on a car valued at 16800 BD Based on this, if a loss worth 7539 happens, how much will the insuror pay

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Agricultural Finance

Authors: Charles Moss

1st Edition

0415599075, 978-0415599078

More Books

Students also viewed these Finance questions