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Three fire policies are written on the same dwelling. Policy A and B are each covering $100,000 of the dwelling, while policy C is covering $200,000. In the event of a $5000 loss, how much will policy C pay out?
a. $5000
b. $1500
c. $2500
d. $1250
Answer: c
The above question Three fire policies are written on the same dwelling. Policy A and B are each covering $100,000 of the dwelling, while policy C is covering $200,000. In the event of a $5000 loss, how much will policy C pay out?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
