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Encik Pawi has a house with an insurable value of RM400 000. The house is insured using a fire insurance that allocates co-users 80% of
Encik Pawi has a house with an insurable value of RM400 000. The house is insured using a fire insurance that allocates co-users 80% of the usable value and deductible value of RM 2 300. Encik Pawi's house caught on fire and the amount of loss is RM 30 000. Calculate the amount of compensation that Encik Pawi will received if he insures his house at a sum of RM 150000
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