Question
Your auto liability insurance shows limits of $100,000/$300,000/$50,000. The bodily injury limits of this policy are: a. $100,000 would be paid to the people in
Your auto liability insurance shows limits of $100,000/$300,000/$50,000. The bodily injury limits of this policy are:
a. | $100,000 would be paid to the people in your automobile and the $300,000 to passengers in the other car if you caused an accident. | |
b. | $100,000 is the limit per individual with $300,000 divided equally between the remaining passengers. | |
c. | $100,000 is the limit per individual with a $300,000 limit per accident. | |
d. | $100,000 is the limit per individual with $300,000 being paid to the driver of the other car. | |
e. | none of the above. |
The needs analysis method of determining the amount of life insurance to buy considers
a. | income needed after the insured dies | |
b. | Debts to pay off after the insured dies | |
c. | extra expenses if income producer dies. | |
d. | special needs of dependents. | |
e. | all of these. |
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