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Blahbahl Blahbahl
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Posts: 367
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6 years ago
Tyrone Bentley is in a car accident with Allejandro Jaurez. Tyrone has 15/30/5 car insurance coverage. Allejandro does not suffer any serious injuries, however his car has damages of 14,300. Determine the amount Tyrone will pay and the amount his insurance company will pay.

Q. 2

Miriam is in a car accident with the Blakely family. Miriam has 25/50/10 car insurance. Mr. Blakely has 27,500 in injuries, and Mrs. Blakely has 24,000 in injuries. The Blakely's automobile has 12,700 worth of damage. Determine the amount Miriam will pay and the amount her insurance company will pay.

Q. 3

Elizabeth and Darcy own an interior design business. They want to set up group health insurance for themselves and their 4 employees. Each policy will cost 2,700 annually. What is the monthly premium for each employee if the company covers 100 of the monthly premium?

Q. 4

Calculate the individual monthly premium for an employee whose annual premium is 1,860 and whose employer contributes 65.50 per month.

Q. 5

A _________________ is the person or persons designated to receive the proceeds of a life insurance policy in the event of the insured's death.
 Fill in the blank(s) with correct word
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2 Replies

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Replies
wrote...
6 years ago
Ans. #1

Bodily Injury: There is no payment because there was no personal injury.
Property Damage: Insurance pays 5,000 for auto damage. Tyrone pays the remaining 9,300 in property damage.

Ans. #2

Bodily Injury: Insurance pays 25,000 for Mr. Blakely and 24,000 for Mrs. Blakely. Miriam pays the remaining 2,500 for Mr. Blakely.
Property Damage: Insurance pays 10,000 for auto damage. Miriam pays the remaining 2,700 in property damage.

Ans. #3

125;
2,700  6 = 16,200; 2,700  12 = 225; 225 - 100 = 125

Ans. #4

89.50; 1,860  12 = 155; 155 - 65.50 = 89.50; the individual's monthly premium is 89.50.

Ans. #5

beneficiary
Blahbahl Author
wrote...
6 years ago
My teacher is very rude and likes to speed his way through a lesson without letting the class ask questions. Thank you for helping me. You're a life saver Slight Smile
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