In a non-proportional (excess of loss) reinsurance contract, the reinsurer agrees to pay the portion of any loss
thatexceeds $80,000, up to an additional$100,000.
How much would the primary insurer pay for an insured loss of$60,000?
In a non-proportional (excess of loss) reinsurance contract, the reinsurer agrees to pay the portion of any loss
thatexceeds $80,000, up to an additional$100,000.
How much would the primary insurer pay for an insured loss of$60,000?
Usually, what must an insurance intermediary do before using the personal information of a client for a
purpose other than that for which the information was originally collected?