> #finance , #insurance > Akili Mingi owns a house at Uswaziin Katavivalued at TSh. 20 million. He insured it against fire with Linda Mali Insurance Co. Ltd and Pokea Insurance Co. Ltd for TSh. 15 million and TSh. 10 million ?
Anonymous
Jun 6

Akili Mingi owns a house at Uswaziin Katavivalued at TSh. 20 million. He insured it against fire with Linda Mali Insurance Co. Ltd and Pokea Insurance Co. Ltd for TSh. 15 million and TSh. 10 million ?

Akili Mingi owns a house at Uswaziin Katavivalued at TSh. 20 million. He insured it
against fire with Linda Mali Insurance Co. Ltd and Pokea Insurance Co. Ltd for TSh. 15
million and TSh. 10 million respectively. He also insured his household goods against
burglary with Lipa Insurance Co. Ltd. for TSh. 5 million. One month before the expire of
premium Linda Mali Insurance Co. Ltd wants to remaind Akili Mingi to repay his insurance
against his house. Advise accordingly Linda Mali Insurance Co. Ltd on which type of
negotiable instrument may use to remind Akili Mingi?
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ChatGPT
Jun 6
Akili Mingi insured his house at Uswazi in Katavi for a total of TSh. 25 million, with TSh. 15 million with Linda Mali Insurance Co. Ltd and TSh. 10 million with Pokea Insurance Co. Ltd.
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Google Gemini AI
Jun 6
Akili Mingi's house is valued at TSh. 20 million. He insured it against fire with two insurance companies: Linda Mali Insurance Co. Ltd and Pokea Insurance Co. Ltd. He insured it for TSh. 15 million with Linda Mali Insurance Co. Ltd and TSh. 10 million with Pokea Insurance Co. Ltd.

Therefore, the total amount of insurance coverage for Akili Mingi's house is TSh. 15 million + TSh. 10 million = TSh. 25 million.
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