Gerry Has a PAP with Liability Coverage Limits of 25/50/10

question 41

Multiple Choice

Gerry has a PAP with Liability coverage limits of 25/50/10 and a $1,000 Medical Payments coverage limit. He collides with another car (he is at fault) and the following losses are incurred: Bodily injury to the driver of the other car = $100,000.
Bodily injury to the passenger of the other car = $3,000.
Property damage to the other car = $11,000.
Bodily injury to Gerry's wife = $5,000.
How much will the PAP pay, in total, for this accident?

• A) $119,000
• B) $60,000
• C) $43,000
• D) $39,000

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Definitions:

Currency

The system of money in general use in a particular country, region, or economic system, facilitating trade and economic activities.

1950s

A decade marked by post-World War II recovery, significant socioeconomic growth, the beginning of the Cold War, and cultural transitions in many parts of the world.

Youth Culture

A social construct that refers to the ways young people express themselves and the norms, values, and practices unique to their age group.

1950s

A decade marked by post-World War II recovery, the beginning of the Cold War, significant social, economic, and cultural changes, and the rise of consumerism.