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Use the following information of the University to answer the question below: ( i ) Insurance records Option Premium Deductible A R 4 5 0
Use the following information of the University to answer the question below:
i Insurance records
Option
Premium
Deductible
A
R
R
B
R
R
C
R
R
D
R
R
E
R
R
ii Vehicle Records
No
No of vehicles
Vehicle Book values
Number of accidents
Accident costs per annum
R
R
R
R
R
R
R
R
R
R
Question
Using the TEC rule, which option of deductible should be selected
a
A
b
B
c
C
d
D
e
E
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