Calculate the amount to be paid by the insurance company for the claim. $$\begin{array} { l l l l l }
\text { Replacement } & & & \text { Amount of Loss } \
\text { Value of } & \text { Face Value } & \text { Coinsurance } & \text { Amount } & \text { Insurance Co. } \
\text { Building } & \text { of Policy } & \text { Clause } & \text { of Loss } & \text { Will Pay } \
\$ 120,000 & \$ 90,000 & 80 \% & \$ 40,000 &
\end{array}$$

Question

Calculate the amount to be paid by the insurance company for the claim. $$\begin{array} { l l l l l } 
\text { Replacement } & & & \text { Amount of Loss } \
\text { Value of } & \text { Face Value } & \text { Coinsurance } & \text { Amount } & \text { Insurance Co. } \
\text { Building } & \text { of Policy } & \text { Clause } & \text { of Loss } & \text { Will Pay } \
\$ 120,000 & \$ 90,000 & 80 \% & \$ 40,000 &
\end{array}$$

Quizplus · Accepted Answer

The Answer of Calculate the amount to be paid by the insurance company for the claim. $$\begin{array} { l l l l l } 
\text { Replacement } & & & \text { Amount of Loss } \
\text { Value of } & \text { Face Value } & \text { Coinsurance } & \text { Amount } & \text { Insurance Co. } \
\text { Building } & \text { of Policy } & \text { Clause } & \text { of Loss } & \text { Will Pay } \
\$ 120,000 & \$ 90,000 & 80 \% & \$ 40,000 &
\end{array}$$

Calculate the Amount to Be Paid by the Insurance Company