Which of the Following Costs Does an Insurer Agree to Pay

question 40

Multiple Choice

Which of the following costs does an insurer agree to pay in a liability policy?

• A)Sums an insured becomes legally obligated to pay to another party.
• B)Sums an insured loses because he experiences damages to his personal property.
• C)Sums an insured loses because he experiences damage to his personal property.
• D)Sums an insured loses because of coinsurance costs after an accident.

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Definitions:

Liquid

A state of matter with a definite volume but no fixed shape, that flows and adapts to the shape of its container.

Rods And Cones

Specialized light-sensitive cells in the retina of the eye, where rods detect light intensity and cones are responsible for color vision.

Retina

Photoreceptor-containing layer of tissue in an eye.

Olfactory Receptors

Olfactory receptors are specialized proteins located in the olfactory epithelium that detect and respond to odor molecules, allowing for the sense of smell.