What amount of the claim would not be covered by insurance

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Reference no: EM131620258

1. Most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are covered with additional insurance. If $5,800 worth of jewelry and $7,100 worth of silverware were stolen from a family, what amount of the claim would not be covered by insurance?

2. The Tucker family has health insurance coverage that pays 60 percent of out-of-hospital expenses after a $880 deductible per person. If one family member has doctor and prescription medication expenses of $3,500, what amount would the insurance company pay?

Reference no: EM131620258

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