1. What policy would be used to cover your friends injuries if you drive off the road in an accident? A.Your friends liability bodily insurance. B.Your friends personal injury C. The drivers "medical" policy D. The drivers liability bodily Insurance 2. Which of the following statements using key insurance terms is true? A. As your coverage limits increase your premiums decrease B. As your coverage limits increase your premiums increase. C. As your coverage limits decrease your premium increases. D. As your deductibles increase your premium increases

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 75P
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1. What policy would be used to cover your friends injuries if you drive off the road in an accident?
A.Your friends liability bodily insurance.
B.Your friends personal injury
C. The drivers "medical" policy
D. The drivers liability bodily Insurance
 
2. Which of the following statements using key insurance terms is true?
A. As your coverage limits increase your premiums decrease
B. As your coverage limits increase your premiums increase.
C. As your coverage limits decrease your premium increases.
D. As your deductibles increase your premium increases
 
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9781337406659
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Cengage,