Liability protection covers both personal liability and the medical expenses of anyone accidentally injured on your property.
T or F
Answer: True,
Liability Insurance- It provides protection against the damage and injuries to the property and people. It covers the medical expenses of physical damage and injuries of the people in the house.
Liability Insurance is protection against occurrence of bodily injury of people living in the home and any guest who is visiting the house.
Liability protection covers both personal liability and the medical expenses of anyone accidentally injured on your...
Homeowners insurance gives you both property and liability protection.
Stephen Bjork's insurance policy reads as follows: Coverage; Limits Bodily Injury/Property Damage $250,000/$500,000/$100,000 Personal Injury Protection $150,000 Per-Person Uninsured Motorist $100,000/$300,000 Physical Damage: Collision Comprehensive Deductible = $1,000 Deductible = $500 Emergency Road Service Up to $95 Rental Reimbursement Up to $25 per-day, $750 maximum He hits a guardrail out on the highway in Canada. He is slightly injured and his medical bills total $1,200. The damage to the guardrail costs $8,669 to repair. How much will his policy pay...
Under the protection of ERISA, or Employee Retirement Income Security Act (ERISA), there are stipulations in place that are for the sole purpose of protecting a participants assets. The provision of the law requires that those persons or entities who exercise discretionary control or authority over plan management or plan assets, anyone with discretionary authority or responsibility for the administration of a plan, or anyone who provides investment advice to a plan for compensation or has any authority or responsibility...
Marijuana Legislation Discuss your informed opinions on the issue of legalization of both medical AND recreational marijuana, citing at least one credible reference to support your viewpoints for each topic. Paragraph 1Are you for/against state approval of marijuana for medical use? List at least one argument against and one argument for before discussing your personal stance on this aspect of potential legalization. List at least one resource (1 pt) to support your opinion(s). Paragraph 2 - Are you for/against state approval...
Classify each of the following personal expenses as either fixed or variable. In some cases, your answer may depend on specific circumstances. If so, briefly explain your answer. a. Apartment rental b. Television cable service c. Cost of groceries d. Water and sewer bill e. Cell phone bill f. Health club dues g. Bus fare
QUESTION 81 Which of the following statenents conceming the reduction of Social Security benefits is (are) correct? L Besides early retirement, there are two other situations in which beneficiaries can have their benefits reduced: through the retirement earnings limitations test and through taxation of benefits A person generally can continue to work even though he or she is considered "retired" under Social Security; however, those eamings for a person under normal retirement age must not exceed certain limitations. O 1...
Can anyone please help solve both question? Appreciate your help. Thank you By direct integration, find the Fourier Cosine and Sine Transforms of d) x(t) = e-at, t>0,a > 0 Answer 2 W
69) A policy that pays you back for actual expenses is called A) An indemnity plan. B) A deductible plan. C) A reasonable and customary plan. D) A reimbursement plan. E) A coinsurance plan m The set amount that you must pay toward medical expenses before the insurance company pays benefits is called A) Deductible. B) Reimbursement C) Indemnity. D) Internal limit. E) Reasonable and customary charges. 71) Which of the following is a government health care program? A) Health...
Question 1: Alan has a PAP with the following coverages: · Liability coverages: $100,000/$300,000/$50,000 · Medical payments coverage: $5,000 each person · Uninsured motorists coverage: $25,000 each person · Collision loss: $250 deductible · Other-than-collision loss: $100 deductible With respect to each of the following situations, indicate whether the loss is covered and the amount payable, if any, under the policy. Assume that each situation is a separate event. a. Alan’s son, age 16, is driving a family car, runs...
Your college friend, Sandy, has two health insurance offers to cover her medical expenses. She expects to have annual medical expenses of $16,000 on average. Given the information below, help her select the best plan to minimize her total cost. Blue Cross Plan A Humana Plan B Deductible $3,500 $4,000 Limit $7,000 Out-of-Pocket Max $9,000 Out-of-pocket Max Coinsurance 70/30 80/20 Monthly Premium $325 $400 Which plan do you recommend to her? Justify your recommendation showing the correct math. Turns out...