ECO 110 UNIT 4 CHALLENGES AND MILESTONE.docx - CHALLENGE 1...

CHALLENGE 1
Sarah has a health insurance policy that has a copayment for each doctor's visit.
Which of the following is true for Sarah?

a.)
Sarah is responsible for 100% of the expenses associated with each
doctor visit.

b.)
Sarah isn't responsible for any of the expenses associated with each
doctor visit.

c.)
Sarah's doctor is responsible for all the expenses associated with each
of her visits.

d.)
Sarah is responsible for only a portion of the expenses associated with
each doctor visit.
n which of the following scenarios is the person paying an insurance deductible? Which of the following conditions indicates that an individual should buy less
disability coverage or could go without buying disability insurance?

Evan's family consists of his wife, Emma, and their two children. He has a life insurance
policy in which Emma is named the beneficiary.
Which of the following statements is true of the given situation?
Which of the following is a feature of collision insurance coverage?

a.)
The policy pays the repair bills of all the vehicles involved in an
accident.

b.)
The policy covers the medical expenses of all injured people in the
insured vehicle at the time of the accident.

c.)

The policy covers the funeral expenses of the individuals who die in an
accident while traveling in the insured vehicle.

d.)
The policy pays for the repair of the policyholder's vehicle if the
damage is caused by an accident
Which of the following results in a lower premium on a homeowner's insurance
policy (HO policy)?