Exam DISC-IA Practice Question 45
Study guide: Exam DISC-IA
A business's property policy has a $10,000 per-occurrence deductible and a $25,000 annual aggregate deductible. During the year it has four covered losses, in this order: $8,000, $15,000, $30,000 and $12,000. How much of the $65,000 of losses does the business retain in total?
- A) $10,000
- B) $25,000
- C) $38,000
- D) $40,000
Answer this question and see the worked solution