The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 399 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Kim, age 20, is a college student who recently purchased her first car from a friend who had financial problems the vehicle is a high mileage 1999 Toyota Corolla with the current market value of $2000. Assume you are a financial planner and can mask your advice concerning the various coverage’s in the PAP.
a. Briefly describe the major coverage’s that are available in the PAP.
b. Which of the available coverage’s in (a) should Kim purchase? Justify your answer.
c. Which of the available coverage’s and (a) should Kim not purchase? Justify your answer.
d. Assume that can purchases the PAP coverage’s that you have recommended. To what extent, if any, would Kim’s insurance cover the following situations?
1. Danielle, Kim’s roommate, bars Kim’s car with her permission and injures another motorist. Danielle is at fault.
2. Kim is driving under the influence of alcohol and is involved in an accident or another motorist seriously injured.
3. During the football season, Kim charges a fee to transport as the local bar to the football stadium. Several passengers are injured when can suddenly change lanes without signaling and hits another car.
4. Kim drives her boyfriend’s car on a regular basis. One driving the boyfriend’s car, she is involved in accident which another motorist center. Kim is at fault.
5. Kim rents a car in England where she is participating in Somerset he program. The car is stolen from a dormitory parking lot.
e. Kim also owns a motorcycle. To what extent, if any, does Kim’s PAP cover the motorcycle?
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------