Assume that you are a risk manager for s manufacture. It is your duty to buy the
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Assume that you are a risk manager for s manufacture. It is your duty to buy the insurance policies for your firm. When considering options for covering your property, you have been given a price quote from your current insure. The quote is based on you choosing a $100,000,000 limit to cover your property. You have recently given thought to purchasing insurance from more than one insurer.
If you were to purchase coverage from more than one insure, how would you set these policies up to provide the maximum benefit to your firm? Also, discusses the pros and cons to using more than one insurer.
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
Posted Date: