Consider a policy with a R5000 straight deductible. Determine the amount that the insurer would pay for a loss of R12 000. 1 R7 000 2 R5 000 3 R12 000 4 The insurer will not be liable for any payment.
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Question 15
Consider a policy with a R5000 straight deductible. Determine the amount that the insurer would pay for a loss of R12 000.
1 R7 000
2 R5 000
3 R12 000
4 The insurer will not be liable for any payment.
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