Question 41 5 pts Refer to the article Pay Attention: Distracted driving's consequence go beyond insurance. Nearly all states ban texting while driving. Penalties, which typically run between $20 and $300, might seem minor upfront, but major consequences can ensure if you distracted driving leads to injuries or property damage. If the injured party sues you and the case goes before a jury, which of the following is/are true? In many states insurance companies may not cover punitive damages or may be legally prohibited from paying. The amount of the injured party's damages that exceeds your liability policy limits may have to come from your assets. You could also be subject to punitive damages beyond medical, wage loss, and pain, and suffering costs. All of the remaining choices Question 40 4 pts Which of the following is highly suitable for the use of insurance as a risk financing technique? losses that are high in severity and high in frequency losses that are low in severity and high in frequency losses that are low in severity and low in frequency losses that are high in severity and low in frequency Question 41 5 pts Refer to the article Pay Attention: Distracted driving's consequence go beyond insurance. Nearly all states ban texting while driving. Penalties, which typically run between $20 and $300, might seem minor upfront, but major consequences can ensure if you distracted driving leads to injuries or property damage. If the injured party sues you and the case goes before a jury, which of the following is/are true? In many states insurance companies may not cover punitive damages or may be legally prohibited from paying. The amount of the injured party's damages that exceeds your liability policy limits may have to come from your assets. You could also be subject to punitive damages beyond medical, wage loss, and pain, and suffering costs. All of the remaining choices Question 40 4 pts Which of the following is highly suitable for the use of insurance as a risk financing technique? losses that are high in severity and high in frequency losses that are low in severity and high in frequency losses that are low in severity and low in frequency losses that are high in severity and low in frequency