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The forecasted commercial general liability losses for Morden Monuments are $340,000, using a loss limit of $100,000. If Morden Monuments applied a $1,000,000 loss limit,
The forecasted commercial general liability losses for Morden Monuments are $340,000, using a loss limit of $100,000. If Morden Monuments applied a $1,000,000 loss limit, the forecasted general liability losses are $880,000. What are their expected commercial general liability losses for the $100,001 to $1,000,000 range? Group of answer choices $610,000 $160,000 $540,000 $266,667
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