Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Ask your questions and receive accurate answers from professionals with extensive experience in various fields on our platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.
Sagot :
Answer: $4500
Explanation:
The deductible is the amount that the insured that is, the policy holder will have to pay. In this case, there is a covered loss of $5000 and the insured has a deductible of $500.
Therefore, the amount that the insured will be paid will be the difference between $5000 and the deductible of $500. This will be:
= $5000 - $500
= $4500
Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.