Dan picked up his friend Rodney to drive to their softball game. Both Dan and Rodney have a Personal Auto Policy (PAP) with $5,000 of medical payments coverage. Dan hit a parked car, and Rodney was injured, incurring $9,000 of medical expenses. How will this claim be settled under the other insurance provision of the PAP?

All of the following statements about universal life insurance are true EXCEPT

Which of the following situations would be covered under the liability section of the PAP?I.A mechanic is sued by a pedestrian who is injured when the mechanic has an accident while road testing the insured’s auto. II.The daughter of the named insured is sued after she has an accident when a new friend she just met at a campus hangout lets her drive his car.

All of the following statements about universal life insurance are true EXCEPT

Jenny purchased a Personal Auto Policy (PAP) that included property damage liability, collision coverage, medical payments coverage, and other-than-collision coverage. Jenny had too much alcohol to drink at a graduation party. While driving home from the party, Jenny ran off the road and hit a tree. Police responded to the accident, and Jenny was arrested for driving under the influence of alcohol. Which of the following statements is true regarding the damage to Jenny’s car?

Which of the following statements concerning the collision damage waiver when renting an auto is true? I. It relieves the renter from legal liability to third parties arising out of operation of the rented car.II. It relieves the renter from legal liability for the vehicle if it is damaged or stolen.

Which of the following statements concerning individual medical expense insurance is (are) correct?I.Once the deductible is satisfied, no additional deductible is payable during the calendar year.II.Family deductibles are substantially higher than individual deductibles.

The difference between the legal reserve of a whole life policy and the face amount of insurance is the

Greta purchased a long-term care policy. Under a typical policy, Greta’s eligibility for benefits may be triggered by

The difference between the legal reserve of a whole life policy and the face amount of insurance is the