Actuarial Outpost
 
Go Back   Actuarial Outpost > Exams - Please Limit Discussion to Exam-Related Topics > CAS > Part 5
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

Bengaluru - Chennai - Hyderabad - Pune
Actuarial Jobs in India
New Delhi - Mumbai - Gurgaon


 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old 04-23-2007, 10:23 AM
Beach Bum Beach Bum is offline
Member
CAS AAA
 
Join Date: Dec 2005
Location: Currently away from an Ocean
Favorite beer: Amber Ales
Posts: 700
Default Some Questions I had

Hey all, I had two questions that I jotted down yesterday during studying. I was hoping anyone could shed some light on the answers.

1: Dealing with Personal Auto Insurance - if you are driving and are involved in an accident that was your fault… for the people that get hurt in your car I know that your Medical Coverage will apply to them. However, can BI Liability also apply to people hurt in your car? Let’s say two people are hurt, one a family member and one a friend… since the family is considered an insured I doubt it but what about if the friend decides to go after you?

2: Dealing with Homeowners - With the 80% rule, the text states this is used for both Coverage A and Coverage B. Let’s say Coverage A’s limit is less than the 80% of replacement cost, I understand that the rule now states to take Max (ACV, or Ratio * Cost to Repair). My question is with Coverage B. Do you apply the test to B separately, or assume that the same ratio will apply to any damage to B whether or not it meets the criteria for below 80%...

That’s it for now, I will post more when I come across them. Thank you.
Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 07:50 PM.


Powered by vBulletin®
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.58191 seconds with 6 queries