Find the amount of the loss? given data Amount of insurance purchased 400,000 coinsurance requirement 80% property's
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Question:
Find the amount of the loss?
given data
Amount of insurance purchased 400,000
coinsurance requirement 80%
property's insurable value at time of loss 840,000
property's insurable value when policy was purchased 700,000
amount of loss paid by the insurer 340,000
Expert Answer:
ANS WER The amount of the loss is 340 000 D ETA IL ED WORK ING Amount of insurance pu... View the full answer
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