Actuarial Notes

Exam DISC-IA Practice Question 409

Study guide: Exam DISC-IA

A named insured has two personal auto policies with the same insurer, one with a $100,000 each person bodily injury limit and the other with $300,000. Both apply to an accident in which he seriously injures one person, whose damages are $500,000. What is the most the insurer will pay for this person's damages under the two policies together?

  • A) $100,000
  • B) $300,000
  • C) $400,000
  • D) $500,000

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