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Insurance & Risk Management
17. Chapter 20: Auto Insurance/Part A: Liability Coverage
17. Chapter 20: Auto Insurance Illustration
Syllabus Slides

Part A: Liability Coverage

01.Core Concepts

The PAP policy is typically written with split limits Split limits of 250/500/100 means that you have: A maximum amount of $250,000 for bodily injury to each person for any one accident A maximum amount of $500,000 for the bodily injury to all persons resulting from any one accident A maximum amount of $100,000 paid for property damage resulting from any one accident