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Module 14 fool proof Questions and Answers Graded A+

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Module 14 fool proof

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Foolproof
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Foolproof

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Module 14 fool proof

The insurer - answer The company providing the insurance.

the insured - answer That you!

The policy holder - answer one who owns the insurance (you)

Insurance premium - answer amount paid on an insurance policy per a given time
period

What are the three different types of insurance limits on your car insurance? - answer
How much your policy will pay for injury to each person hurt in the accident.
How much your policy will pay for all injuries in one accident.
How much your policy will pay for property damage per accident.

This 25/50/15 policy will pay: - answer$25,000 maximum for one injured person in a
single accident.
Up to $50,000 for all the injured people in a single accident.
Up to $15,000 for property damage in a single accident.
The first number is the maximum payment to one injured person.
The second number is the total amount paid for all injuries in one accident.
The third number is how much your policy will pay for property damage.

Comprehensive Insurance: - answer “Comprehensive" insurance is another type of
insurance you may need. It is usually sold together with collision damage insurance.

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Uploaded on
September 11, 2024
Number of pages
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Written in
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Exam (elaborations)
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Questions & answers

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