drag each tile to the correct location on the table. match each sentence to the term its describing. the…

drag each tile to the correct location on the table. match each sentence to the term its describing. the policy offers coverage for a cost of $178 per month. the policy will pay for up to $100,000 of damage to another persons property. the policyholder must pay the first $1,000 of repair expenses before insurance will pay for anything. the policyholder must pay $500 semiannually to the insurance provider. the policy will pay only $100 per incident for a tow truck. limit deductible premium

drag each tile to the correct location on the table. match each sentence to the term its describing. the policy offers coverage for a cost of $178 per month. the policy will pay for up to $100,000 of damage to another persons property. the policyholder must pay the first $1,000 of repair expenses before insurance will pay for anything. the policyholder must pay $500 semiannually to the insurance provider. the policy will pay only $100 per incident for a tow truck. limit deductible premium

Answer

Brief Explanations:

  • "The policy offers coverage for a cost of $178 per month" and "The policyholder must pay $500 semiannually to the insurance provider" describe the amount paid regularly for insurance, which is the premium.
  • "The policy will pay for up to $100,000 of damage to another person's property" and "The policy will pay only $100 per incident for a tow - truck" are limits on what the insurance will pay, so they are limits.
  • "The policyholder must pay the first $1,000 of repair expenses before insurance will pay for anything" is the amount the policyholder must pay out - of - pocket before insurance kicks in, which is the deductible.

Answer:

  • Limit: The policy will pay for up to $100,000 of damage to another person's property, The policy will pay only $100 per incident for a tow truck.
  • Deductible: The policyholder must pay the first $1,000 of repair expenses before insurance will pay for anything.
  • Premium: The policy offers coverage for a cost of $178 per month, The policyholder must pay $500 semiannually to the insurance provider.