\(\begin{array}{c|c}
\text{Name} & \text{Insure amount} & \text{Actual value} & \text{Actual loss} \\
\hline
\text{Mr A} & 30,000 & 100,000 & 40,000 \\
\hline
\text{Mr B} & 40,000 & 120,000 & 50,000 \\
\hline
\text{Mr C} & 50,000 & 15,000 & 70,000 \\
\end{array}\)
If Mr A takes a fire insurance policy with average clause, his compensation will be
a
N15,000
b
N20,000
c
N12,000
d
N25, 000
Explanation
Correct Option
cVideo Explanation
No video available
Post your Contribution
Share:


