Question: Problem 8-1 Calculating Property Loss Claim Coverage [LO3] Most heme insurance policies cover Jewellery and sliverware for a Mmited amount unless items are covered with

 Problem 8-1 Calculating Property Loss Claim Coverage [LO3] Most heme insurance

Problem 8-1 Calculating Property Loss Claim Coverage [LO3] Most heme insurance policies cover Jewellery and sliverware for a Mmited amount unless items are covered with additional insurance Via an umbreila plan. If $14000 worth of jeweilery and $4,400 worth of sliverware were stolen from a family. Assume the standard limit is \$2,500 (jewellety) and \$3,500 (sliverware). a. What amount of the ciaim would not be covered by insurance? (Omit the " 5" algn in your response.) Amount not covered b. This part of the question is not part of your Connect assignment

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