FIN/428 Version 4 / 1
University of Phoenix Material
Auto Insurance Policy Worksheet
Review the Sample Auto Insurance Policy and answer the following questions. Answer each question in 200- to 250-words:
Question / AnswerWhen does the coverage begin on a newly acquired auto?
Explain the time limit on medical claims incurred by the insured?
You use your auto in a share-the-expense car pool. Are you covered by the uninsured motorist provision?
You have an auto accident on the way to work and you laptop computer is destroyed, is it covered?
Your driver’s license is suspended for one year, what is your status with the auto?
Identify and briefly describe the seven broad classes of property and liability insurance for business firms.
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