State the amount of losses you paid during the policy

Assignment Help Business Management

Reference no: EM13369323

State the amount of losses you paid during the policy year.

Your firm has an insurance policy with a per occurrence deductible of $100,000 and a stop loss of $500,000. Assume that the following covered losses occurred during the policy period: $ 25,000; $250,000; $100,000; $500,000; $750,000; $150,000; $50,000. Make a table that shows the amount of each claim to be paid by you and the insurer for this policy period assuming the claims were paid in the order above. What is the total amount of losses you paid during the policy period?

Reference no: EM13369323

Questions Cloud

Developing a training plan for group and team : developing a training plan for group and team managementaddressing challenges of groups and teamsdevelop a training

Business organizationsdescribe the advantages and : business organizationsdescribe the advantages and disadvantages of doing business as a sole proprietor? when would you

Employee training1 what is the most influential factor : employee training1. what is the most influential factor positive or negative that affects training? how does this

Forecasting at hard rock cafewith the growth of hard rock : forecasting at hard rock cafewith the growth of hard rock cafe from one pub in london in 1971 to more than 110

State the amount of losses you paid during the policy : state the amount of losses you paid during the policy year.your firm has an insurance policy with a per occurrence

How does the local state or national economy affect your : how does the local state or national economy affect your business or place of work? are there businesses that are

Question about negotiationsyou have an opponent who refuses : question about negotiationsyou have an opponent who refuses to move off of positions and employs most of the deception

Creativity within organizationswe usually think of : creativity within organizationswe usually think of creativity as a characteristic of individuals but might some

Theory versus creativity paperaddress the following : theory versus creativity paperaddress the following questionso how do leaders integrate innovative principles while

User Account

All Pages