Mr. Rakib has two policies A & B for property X & Y. Solve the following problem under
two condition of average. Available information are as follows:
Policy :
A. Sum insured Tk. 1000 for property X&Y
B. Sum insured Tk. 650 for property X
Value of the property
Property X: Tk. 1000
Property Y: Tk.1000
Requirements: How following loss will be shared?
a) Loss of property X for Tk.750
b) Loss of Property Y for Tk. 900
claim amount = (loss x Sum insured)/Value of the property
insurance company settle the following claim amounts:
for Property X:
claim amount =
for Property Y:
claim amount =
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