8 Answer saved Marked out of 1.00 Answer questions 8 to 10 based on the following information. A cell phone company has the following loss distribution for its annual product liability costs. Loss $0 $100,000 $200,000 $500,000 Probability 0.105 0.225 0.375 0.295 If the cell phone company has purchased insurance for its product liability, with $50,000 deductible and $300,000 limit, how much would the insurer be expected to pay for the annual product liability costs? Select one: a. 44750 b. 156000 C. 200250 d. 245000 e. 268500 Clear my choice Question 9 Answer saved Marked out of 1.00 If the cell phone company has purchased insurance for its product liability, with $50,000 deductible and 10 percent coinsurance, how much would the insurer be expected to pay for the the annual product liability costs? Select one: 175500 a. b. 180225 220500 C. d. O None of the above e. Question 10 Answer saved Marked out of 1.00 If the cell phone company has purchased insurance for its product liability, with $50,000 deductible, a 10 percent coinsurance and $300,000 limit, how much would the insurer be expected to pay for the the annual product liability costs? Select one: 300000 a. b. 180225 C. 175500 d. 170500 e. 149250 OL Question 4 Answer saved Marked out of 1.00 Kelly purchases individual medical expense insurance. What information should Kelly provide to the insurance company? Select one: a. Only the information requested by the insurance agent b. Only the information that Sally wants to provide C. Only the information stated in the insurance application form d. All information relevant and material to the health insurance contract, even if not specified in the insurance application form e. None of the above