need question 10 ans with explanation plz. insurance quesitions

Question 8 Answer saved Marked out of Answer questions 8 to 10 based on the following information. Lily has the following loss distribution for her medical expenses after she has been diagnosed of stage 4 breast cancer. Medical expenses Probability 50 0.01 1.00 P Flag question $100,000 0.20 $500,000 10.40 $1,500,000 10.39 If Lily has a medical expense policy with full insurance how much would the insurer be expected to pay for the medical expenses? Select one: O a. O Ob. 312600 Oc 804000 O d. 1500000 e None of the above Clear my choice Question 9 If Lily has a medical expense policy with $40,000 deductible and a $500,000 limit how much would the insurer be expected to pay for the medical expenses? Answer saved Marked out of 1.00 Select one: O a 0 P Flag question Ob 312600 Oc 804000 O d. 1500000 @e. None of the above Clear my choice Question 10 If Lily has a medical expense policy with $40,000 deductible a 40 percent coinsurance and a $500,000 limit, how much would the insurer be expected to pay for the medical expenses? Answer saved Marked out of 1.00 Select one: O a 0 P Flag question b. 312600 Oc 804000 Od 1500000 Oe None of the above Clear my choice Question 8 Answer saved Marked out of Answer questions 8 to 10 based on the following information. Lily has the following loss distribution for her medical expenses after she has been diagnosed of stage 4 breast cancer. Medical expenses Probability 50 0.01 1.00 P Flag question $100,000 0.20 $500,000 10.40 $1,500,000 10.39 If Lily has a medical expense policy with full insurance how much would the insurer be expected to pay for the medical expenses? Select one: O a. O Ob. 312600 Oc 804000 O d. 1500000 e None of the above Clear my choice Question 9 If Lily has a medical expense policy with $40,000 deductible and a $500,000 limit how much would the insurer be expected to pay for the medical expenses? Answer saved Marked out of 1.00 Select one: O a 0 P Flag question Ob 312600 Oc 804000 O d. 1500000 @e. None of the above Clear my choice Question 10 If Lily has a medical expense policy with $40,000 deductible a 40 percent coinsurance and a $500,000 limit, how much would the insurer be expected to pay for the medical expenses? Answer saved Marked out of 1.00 Select one: O a 0 P Flag question b. 312600 Oc 804000 Od 1500000 Oe None of the above Clear my choice