What is considered full coverage in California?
What is considered full coverage in California?
Full coverage insurance in California is usually defined as a policy that provides more than the state’s minimum liability coverage, which is $15,000 in bodily injury coverage per person, up to $30,000 per accident, and $5,000 in property damage coverage. Apr 9, 2020
What is a comprehensive insurance?
Comprehensive coverage helps cover the cost of damages to your vehicle when you’re involved in an accident that’s not caused by a collision. Comprehensive coverage covers losses like theft, vandalism, hail, and hitting an animal.
Which Nonforfeiture option is the highest amount protection?
Which nonforfeiture option has the highest amount of insurance protection? The Extended Term nonforfeiture option has the same face amount as the original policy, but for a shorter period of time.
Which of the following is a disadvantage of being covered under a group insurance plan?
The employee has little to no control over their individual coverage. Coverage does not continue or follow the employee if you leave your job. Healthier individuals pay the same premiums as those who are considered to be a higher risk within the group policy. Nov 13, 2012
What is GPA coverage?
A Group Personal Accident (GPA) policy is also a group insurance plan that provides financial support for unforeseen and unexpected circumstances such as an accident, leading to a fatal injury or disability of policyholders. Apr 1, 2021
