Actuarial Notes

Exam DISC-IA Practice Question 610

Study guide: Exam DISC-IA

A gift shop insures its business personal property under the BPP with the causes of loss special form, and the declarations show no higher special limits. Burglars steal, in one night: fur garments worth $4,000; jewelry worth $3,100, every item worth more than $100; watches worth $900, every one worth $100 or less; lottery tickets held for sale worth $1,000; and other gifts worth $2,000. Ignoring the deductible, how much does the special form pay?

  • A) $7,250
  • B) $8,150
  • C) $8,900
  • D) $11,000

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