Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 2. jack (born on april 27, 1964) has coverage for

2. Jack (born on April 27, 1964) has coverage for his son, Pete (born on...

60.1K

Verified Solution

Question

Accounting

2. Jack (born on April 27, 1964) has coverage for his son, Pete (born on May 25, 1990), provided by his employer with an 80 percent coinsurance provision and a $100 deductible. Jacks wife, Elizabeth (born on November 3, 1967), also has dependent coverage provided by her employer with an 80 percent coinsurance provision and a $250 deductible. Pete suffers a $5000 loss that is covered by both policies. Assuming that the 1985 NAIC rules are in effect, Elizabeths insurer will pay

a.$3800,

b.$1080,

c.$0,

d.$1200.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Assume that a star’s luminosity is given by L ∝ M^3.5 for all masses. After a...

Physics
Q

Some experts agree that who we are is a result of Nurture—the social relationships or the...

Psychology
Q

Question No. 1: As we know that Global Financial markets have impact on companies’ performance which...

Psychology
Q

Find the measurement indicated in each trapezoid ISOSCELES TRAP Do NOT include units degrees inches...

Geometry
Q

Find the median for the group of data items 97 97 94 48 71 97...

Statistics
Q

The area of a square is 49 square inches or less Which set describes the...

Calculus
Q

Jamal rides his scooter to a skate park on a downhill trail from his home...

Algebra
Q

Dexter Company applies the direct write-off method in accounting for uncollectible accounts. March 11 Dexter...

Accounting
Q

This problem is based on the transactions for the Security First Company in your text....

Accounting
Q

-Ahmed wants to have BD 11000 in his account by the end of 9 years...

Accounting
Q

Briefly explain the difference(s) between descriptive and predictive analytics.

Accounting
Q

Mr. X has just celebrated his 35th birthday. He plans to retire on his 65th...

Finance