Risk Management and Insurance

```              Assignment Name Risk Management and Insurance Assignment Code BAF
311 Semester Fall 2017 Institution Emirates College of Technology,
Dubai
```

Assignment#1

Question 1

A. Define the following:

1- Single limit
2- Split limit:

B. What are the meanings of the following split limits?

1. 500/1000/250:
2. 250/300/75
3. 100/200/0

Question 2

Calculate the liabilities coverage in the following cases:

1. Mohammad is the named insured and borrows Ahmad’s car with his permission. Mohammad has \$100,000 of liability insurance and Ahmad has a \$150,000 limit. Both policies will cover any loss. Mohammadnegligently injures another motorist and must pay damages of \$200,000.
2. Mohammad is the named insured and borrows Ahmad’s car without his permission. Mohammad has \$100,000 of liability insurance and Ahmad has a \$150,000 limit. Mohammad negligently injures another motorist and must pay damages of \$200,000.

Question 3

A. What are the Medical Payments Exclusions
B. What are the certain duties that required form the insured after an accident directly?

ASSIGNMENT HELP FEATURES
Plagiarism Free Work
Services For All Subjects
Best Price Guarantee
Sample File
Accounts
Computer Science
Econmics
Engineering
Free Resources
Assignment Writing Guide
Essay Writing Guide
Dissertation Writing Guide
Research Paper Writing Guide
More Resources