What are the medical payments exclusions

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Reference no: EM132211843

Risk Management and Insurance Assignment -

Question1 -

A. Define the following:

1- Single limit:

2- Split limit:

B. What are the meanings of the following split limits?

1. 500/1000/250:

2. 250/300/75:

3. 100/200/0:

Question 2 - Calculate the liabilities coverage in the following cases:

1. Mohammad is the named insured and borrows Ahmad's car with his permission. Mohammad has $100,000 of liability insurance and Ahmad has a $150,000 limit. Both policies will cover any loss. Mohammad negligently injures another motorist and must pay damages of $200,000.

2. Mohammad is the named insured and borrows Ahmad's car without his permission. Mohammad has $100,000 of liability insurance and Ahmad has a $150,000 limit. Mohammad negligently injures another motorist and must pay damages of $200,000.

Question 3 -

A. What are the Medical Payments Exclusions?

B. What are the certain duties that required form the insured after an accident directly?

Reference no: EM132211843

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