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Isla Café, a small business located in Pasay City, has an actual cash value (ACV) of PHP 600,000. It is insured by two policies: Apex Insurance covers PHP 400,000 and Pacifica Insurance covers PHP 350,000. A fire damages the cafe resulting in a total loss of PHP 600,000. (a) Does this arrangement constitute double insurance? Is there overinsurance? Explain briefly. (b) Under the pro rata rule, how much must Apex pay and how much must Pacifica pay? Show your computations. (c) After payment, what rights do Apex and Pacifica acquire to recover from third parties or from each other?