Question

HELP!

Drag each me to the correct location on the table
Match each sentence to the term it's describing
The policy offers coverage
for a cost of $178 per month
The policy will pay for up to
$100,000 of damage to
another person's property.
The policyholder must pay
the first $1,000 of repair
expenses before insurance
will pay for anything,
The policyholder must
pay $500 semiannually
to the insurance provider
The policy will pay only
$100 per incident for a
tow truck
Limit
Deductible
Premium
M

Answer 1

LIMIT

The policy will pay for up to

$100,000 of damage to

another person's property.

The policy will pay only

$100 per incident for a

tow truck

DEDUCTIBLE

The policyholder must pay

the first $1,000 of repair

expenses before insurance

will pay for anything,

PREMIUM

The policy offers coverage

for a cost of $178 per month

The policyholder must

pay $500 semiannually

to the insurance provider

Explanation:

LIMIT is the maximum amount an insurer will pay toward a covered claim

DEDUCTIBLE is the amount paid out of pocket toward a covered claim

PREMIUM is the amount paid regularly to keep the policy in force.