2014 F # 11 PACICC
the solution seem wrong
1) I thought UEP payment is min (UEP, 2500)*.7?
2) I thought the caps are:
Auto 415,000
HO 520,000
Business 400,000
Other 400,000
This question was 2014, maybe things changed. Please advise why the answer is different?
Comments
The solution looks correct to me, it's just using the limits in effect as of 2014. The limits are subject to review every so often by the PACICC, and have changed many times since 2014!
The caps you have listed are in effect as of now, and will be acceptable answers on the exam.