MANAGEMENT

BUISENESS MANAGEMENT

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Of the four parts of auto insurance coverage, which part will pay for injuries to passengers or pedestrians and funeral expenses?
A
Medical Payments/Bodily Injury
B
Collision
C
Comprehensive
D
Liability
Explanation: 

Detailed explanation-1: -This coverage pays for the treatment of injuries to the driver and passengers of the policyholder’s car. At its broadest, PIP can cover medical payments, lost wages and the cost of replacing services normally performed by someone injured in an auto accident.

Detailed explanation-2: -Medical payments coverage, also known as Med Pay, is an additional coverage option for auto insurance policies in most states. In the event of a car accident, this coverage can help pay for medical expenses for you or your passengers, even if you’re at fault.

Detailed explanation-3: -Liability coverage, for the legal responsibility to others for bodily injury or property damage.

There is 1 question to complete.