You Have an HO Policy with the Following Limits

question 22

Multiple Choice

You have an HO policy with the following limits:
A=$50,000 (dwelling) B=$5,000 (other structures) C=$25,000 (personal property) .
A tornado strikes your property. You lose your house,which is worth $40,000 at the time of the loss. You also lose an unattached shed worth $8,000,and personal property worth $30,000.You will collect:

• A)$78,000
• B)$70,000
• C)$58,000
• D)None of the above

---

Definitions:

Leukemia

A type of cancer of the body's blood-forming tissues, including the bone marrow and the lymphatic system, leading to an increase in white blood cells that can impair the body's ability to fight infection.

Circulatory

Pertaining to the circulation, especially the movement of blood through the heart and blood vessels.

Congestive Heart Failure

A chronic condition where the heart doesn't pump blood as well as it should, leading to symptoms like shortness of breath, edema, and fatigue.

Leukemia

A type of cancer that affects the blood and bone marrow, characterized by the overproduction of abnormal white blood cells.