What Is the Coverage of a 20/40/15 Policy

question 32

Multiple Choice

What is the coverage of a 20/40/15 policy?

• A)$20,000 for personal property liability/$40,000 bodily injury liability for all people injured in an accident/$15,000 for additional auto liability
• B)$20,000 for personal property liability/$40,000 bodily injury liability for all people injured in an accident/$15,000 car rental rider
• C)$20,000 for bodily injury liability for one person in an accident/$40,000 bodily injury liability for all people injured in an accident/$15,000 personal property liability
• D)$20,000 for uninsured coverage/$40,000 bodily injury liability for all people injured in an accident/$15,000 personal property liability

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Family Journal

A personal or collective diary kept by family members documenting their life events, experiences, and histories.

Consumer Markets

Refers to spaces or systems where goods and services are sold by businesses to the end-user, typically for personal or household use.

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Actions that involve the production, distribution, and consumption of goods and services within an economy.

Poverty

The state where an individual or community lacks the financial resources and essentials for a minimum standard of living.