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Calculate the loss payment to the insured in each of the 3 scenarios. Show or explain your work. 6. Calculate the loss payment to the

Calculate the loss payment to the insured in each of the 3 scenarios. Show or explain your work.

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6. Calculate the loss payment to the insured in each of the 3 scenarios. Show or explain your work. Description A B C ACV of Building $600,000 $800,000 $500,000 Limit of Insurance $400,000 $750,000 $450,000 Coinsurance percentage 80% 90% 90% Amount of Loss $400,000 $475,000 $475,000 Deductible $10,000 $10,000 $10,000

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