Actuarial Notes

Exam DISC-IA Practice Question 625

Study guide: Exam DISC-IA

A building is covered by two commercial property policies written on the same plan, terms, conditions and provisions: Policy A with a $300,000 limit and Policy B with a $200,000 limit. A covered fire causes a $150,000 loss. Under the other insurance condition of the commercial property conditions, how much does Policy A pay?

  • A) $60,000
  • B) $75,000
  • C) $90,000
  • D) $150,000

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