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- Yousif has purchased insurance for his home with four different companies, Company A covers 4,706, Company B covers 3,818, Company C covers 4,587 and Company d covers 3,121. Assuming the insurers follow a pro rata liability method, how much will company B pay if a loss of 7.554 occurs?You are the sole wage earner in a "typical family," with $102,000 gross annual income. Use the income replacement method to determine how much life insurance you should carry. (Omit the "$" sign In your response.) Value of Insurance $Mr. Babu Kamil is a married person and have a net income of $85,000 in 2021. His spouse has a net income of $4500 and she has no mental or physical infirmity. Calculate the spousal amount to be claimed in Line 30300 $13808 – 4500 = $9,308 Calculate the spousal credit (how much credit Mr. Babu gets from this amount). $9308*15% = $1396.20
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