Author Question: A person owns a half interest in a house valued at $200 000 and has insurance on that property in ... (Read 90 times)

soccerdreamer_17 · **on:** Aug 7, 2021

Question 1

Which of the following is not an appropriate matter for insurance coverage?
◦ insurance against damage to property
◦ insurance against loss of life
◦ insurance against lost profits
◦ insurance against fire in a home
◦ insurance against fire in your next-door neighbour's home

Question 2

A person owns a half interest in a house valued at $200 000 and has insurance on that property in the amount of $400 000. If the house burns down, causing a loss of $100 000, how much will that person collect?
◦ $400 000
◦ $200 000
◦ $50 000
◦ nothing
◦ $1000

Koolkid240 · **Reply #1 on:** Aug 7, 2021

A FREE account is required to view all solutions!

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 25% of students answer this correctly