Question

1. Daniel kebede insured his is car worth of birr 500,000 in two insurance companies; Ethiopian insurance corporation and awash insurance company for birr 300,000 and birr 200,000 respectively. While the policy in force is in car was damaged due to collusion done intentionally by Daniel kebede. The loss is estimated to birr 200,000.

Required
1. How much each insurance company is going to pay Ato Daniel kebede? Hwy?
2. How much ato Daniel kebede is going claim? Hwy?
3. Ato Daniel kebede has an intention to claim compensation from the two insurance company and Daniel kebede at the same time. Advise him. what he/she should does?

Answer 1

Answer:

I don,t know sorry bro ok

Answer 2

How much each insurance company is going to pay Ato Daniel kebede? Hwy?

2. How much ato Daniel kebede is going claim? Hwy?

3. Ato Daniel kebede has an intention to claim compensation from the two insurance company and Daniel kebede at the same time. Advise him. what he/she should does?Answer: