Actuarial Notes

Exam DISC-RM Practice Question 246

Study guide: Exam DISC-RM

A covered fire causes $62,000 of damage to a business's personal property, valued as the policy requires. The policy's business personal property limit is $50,000 and its deductible is $2,500. The insured is not underinsured under the coinsurance condition. How much does the insurer pay?

  • A) $47,500
  • B) $50,000
  • C) $52,500
  • D) $59,500

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