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Karabo owns a property valued at P 600,000 and he purchased an insurance policy in property insurance for P350, 000 on the building with contract

Karabo owns a property valued at P 600,000 and he purchased an insurance policy in property insurance for P350, 000 on the building with contract including a 75% coinsurance clause.

How much will Karabo receive from the insurer, if a covered loss of 150,000 occurs?

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