Actuarial Notes

Exam DISC-IA Practice Question 624

Study guide: Exam DISC-IA

A building's limit of insurance at the start of the policy year is $1,500,000, and the declarations show the inflation guard optional coverage at 4% a year. There has been no change to the limit since the policy year began. What is the limit 146 days into the policy year?

  • A) $1,500,000
  • B) $1,524,000
  • C) $1,560,000
  • D) $1,584,000

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