Question: This is an insurance course math problem.Question no 01 is needed to be answered 1. Actual value of the property is Th. 5,00,000. Sum-insured is

 This is an insurance course math problem.Question no 01 is needed

This is an insurance course math problem.Question no 01 is needed to be answered

to be answered 1. Actual value of the property is Th. 5,00,000.

1. Actual value of the property is Th. 5,00,000. Sum-insured is Tk. 375,000. Loss incurred TK. 225,000 for the fault of third party. The policy holder has been received TK.150,000 from, the wrong doer. What be the solution for the residual loss amount under principle of subrogation? If sum-insured is th.290000 then what will be the solution? 2. A ship was caught by a cyclone in the sea and it was partly damaged. A part of the cargo was dropped in the sea and the ship was dragged manually to the safe zone. loss and expenditures in this connection are given below

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