Page 267 - Misc Ebook IC 78
P. 267
Miscellaneous Insurance
confirmed by the surveyor. It was however
noticed that the value of concerned property
at risk was 1.5 crores. What would be the
amount of claim payable ?
Ans. Sum insured = Rs.1 crore
Loss = Rs. 90,000
Value of property at the time of loss = Rs. 1.5 crores
Amount of claim payable = 1 x 90,000 = Rs.60,000
1.5
Q10.b) A claim occurs in Personal Accident
Insurance of which Sum insurance is of
Rs.3,00,000 and Cumulative bonus of
Rs.60,000.The claim pertains to a fracture
due to an accident. This resulted in 5 weeks
of TTD and 7.5% of PPD. What would be the
amount of claim payable?
Ans Sum Insured = Rs. 3,00,000
Cumulative Bonus = Rs. 60,000
Total Sum Insured = Rs. 3,60,000
TTD = 5 weeks
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