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91) A pipe fell off a moving truck into the path of the car behind it.
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# Question : 91) A pipe fell off a moving truck into the path of the car behind it. : 2139076

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91) A pipe fell off a moving truck into the path of the car behind it. The driver and passenger were each awarded \$37,000 by the court and damage to the car was \$17,000 The truck driver had 25/50 liability insurance limits and \$10,000 property damage limits. Find the amount that the insurance company must pay and the amount that the insured must pay.

A) \$60,000, \$ 31,000

B) \$ 74,000, \$0

C) \$50,000, \$ 74,000

D) \$10,000, \$ 7,000

92) Four people are injured in an auto accident, and each receives \$21,000 in damages from the court. The driver has liability limits of 100/300. Find the amount that the insurance company must pay and the amount that the insured must pay.

A) \$300,000, \$ 16,000

B) \$100,000, \$ 16,000

C) \$0, \$ 63,000

D) \$ 84,000, \$0

93) Poor visibility caused Vicky Weiner's car to crash into another car. She had 25/50 liability limits, \$10,000 property damage limits, and collision coverage with a \$300 deductible. Damage to her car was \$4,152 and to the other car was \$11,800. A lawsuit awarded \$22,000 and \$35,000 in damages for personal injury to the two persons in the other car. How much will the company pay and how much must Vicky Weiner pay?

A) \$ 63,852, \$ 7,300

B) \$ 65,652, \$ 9,100

C) \$ 63,852, \$ 9,100

D) \$ 65,652, \$ 7,300

Find the indicated premium. Round to the nearest cent.

94) Find the annual premium.

 Face Value: \$45,000 Age of Insured: 25 Sex of Insured: F Type of Policy: Whole life

A) \$ 227.70

B) \$ 116.10

C) \$ 183.15

D) \$ 102.60

95) Find the semiannual premium.

 Face Value: \$70,000 Age of Insured: 40 Sex of Insured: M Type of Policy: 20-pay life

A) \$ 866.08

B) \$ 1,698.20

C) \$ 771.12

D) \$ 452.32

96) Find the quarterly premium.

 Face Value: \$40,000 Age of Insured: 30 Sex of Insured: F Type of Policy: Whole life

A) \$ 58.86

B) \$ 226.40

C) \$ 52.62

D) \$ 202.40

97) Find the annual premium.

 Face Value: \$45,000 Age of Insured: 50 Sex of Insured: M Type of Policy: Universal life

A) \$ 1,180.35

B) \$ 965.70

C) \$ 1,466.55

D) \$ 477.90

98) Find the monthly premium.

 Face Value: \$45,000 Age of Insured: 30 Sex of Insured: F Type of Policy: Term

A) \$ 85.05

B) \$ 7.72

C) \$ 7.44

D) \$ 81.90

99) Find the monthly premium.

 Face Value: \$30,000 Age of Insured: 30 Sex of Insured: M Type of Policy: Term

A) \$ 4.96

B) \$ 56.70

C) \$ 5.15

D) \$ 54.60

100) Tom Crenna buys a whole life policy at age 25. The policy has a face value of \$55,000. Find the annual premium.

A) \$ 223.85

B) \$ 141.93

C) \$ 281.05

D) \$ 278.30

101) Susan Meyer buys a premium term policy at age 25. The policy has a face value of \$45,000. Find the monthly premium.

A) \$ 7.44

B) \$ 18.72

C) \$ 21.29

D) \$ 6.54

102) Albert Newsom buys a universal life policy with a face value of \$60,000. He is 35 years old. Find the quarterly premium.

A) \$ 116.22

B) \$ 40.59

C) \$ 119.81

D) \$ 227.97

103) Find the total premium paid over 30 years for a whole life policy with a face value of \$20,000. Assume the policy is taken out by a 25-year-old woman.

A) \$ 3,036.00

B) \$ 2,442.00

C) \$ 2,088.00

D) \$ 3,066.00

104) Find the total premium paid over 30 years for a universal life policy with a face value of \$35,000. Assume the policy is taken out by a 25-year-old man.

A) \$ 5,365.50

B) \$ 5,040.00

C) \$ 2,709.00

D) \$ 5,313.00

105) SLM Instruments wants to protect itself in case of the death of its founder and head. It buys a premium term policy on the executive with a face value of \$115,000. She is 35 years old. Find the quarterly premium.

A) \$ 19.74

B) \$ 117.89

C) \$ 60.10

D) \$ 56.51

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