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Unit 4: Protecting - Safeguarding Yourself, Your Stuff, and Your Loved Ones LGII-Understand the role of insurance in protecting human, financial, and property assets. begin{tabular}{lr}

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Unit 4: Protecting - Safeguarding Yourself, Your Stuff, and Your Loved Ones LGII-Understand the role of insurance in protecting human, financial, and property assets. \begin{tabular}{lr} \hline Q3 & \\ Amount of Loss & $75,000.00 \\ Deductible & $500,00 \\ Amount of Insurance Actually Carried & $150,000,00 \\ \% Percentage Amount Needed & 80% \\ Replacement Value & $200,000.00 \\ \hline \end{tabular} Application Time! Sam (Jessica's husband) home has a replacement volue with a deductible. A couple of years ago he insured his home and the coverage never increased, even though the policy required coverage of 80% of the replacement cost. Last month, he had a kitchen fire, which coused damages. How much will he have to pay out of pocket? Unit 4: Protecting - Safeguarding Yourself, Your Stuff, and Your Loved Ones LGII-Understand the role of insurance in protecting human, financial, and property assets. \begin{tabular}{lr} \hline Q3 & \\ Amount of Loss & $75,000.00 \\ Deductible & $500,00 \\ Amount of Insurance Actually Carried & $150,000,00 \\ \% Percentage Amount Needed & 80% \\ Replacement Value & $200,000.00 \\ \hline \end{tabular} Application Time! Sam (Jessica's husband) home has a replacement volue with a deductible. A couple of years ago he insured his home and the coverage never increased, even though the policy required coverage of 80% of the replacement cost. Last month, he had a kitchen fire, which coused damages. How much will he have to pay out of pocket

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