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Question 6 5 pts Loss Probability $3,000,000 0.03 1,500,000 0.01 50,000 0.96 Greater American Insurance Group underwrites the property risk from Buckeye Brewery. The policy
Question 6 5 pts Loss Probability $3,000,000 0.03 1,500,000 0.01 50,000 0.96 Greater American Insurance Group underwrites the property risk from Buckeye Brewery. The policy involves a deductible of $500,000. The premium that Greater American charges is $150,000. What is the loading of the insurance policy? O $65,000 $59,000 O None O $103,000 $55,000 Question 6 5 pts Loss Probability $3,000,000 0.03 1,500,000 0.01 50,000 0.96 Greater American Insurance Group underwrites the property risk from Buckeye Brewery. The policy involves a deductible of $500,000. The premium that Greater American charges is $150,000. What is the loading of the insurance policy? O $65,000 $59,000 O None O $103,000 $55,000
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