ALABAMA P&C CHAPTER 4 QUESTIONS & ANSWERS

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ALABAMA P&C CHAPTER 4 QUESTIONS & ANSWERS Special damages would be awarded for all of the following types of loss, except: A Medical expenses B Repair costs C Pain D Loss of income - CORRECT ... ANS-C) PAIN P's liability policy has the following limits: $50,000 per person, $250,000 per occurrence, and $400,000 aggregate. During the policy period, the policy paid out $250,000 in liability claims. If P suffers another loss of $250,000 during the same policy period, how much will the policy pay? A $400,000 B $150,000 C $250,000 D $50,000 - CORRECT ANS-B) $150,000 Which of the following is an example of special damages? A Compensation for pain, suffering, and disfigurement B Compensation to a party for the loss of companionship of a spouse C Damages assessed by the court as a penalty for gross negligence D Compensation to an injured party for actual medical expenses and loss of earnings - CORRECT ANS-D) COMPENSATION TO AN INJURED PARTY FOR ACTUAL MEDICAL EXPENSES AND LOSS OF EARNINGS Personal injury liability includes which of the following? [Show More]

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