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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Case 10 Analysis

Case 10 Analysis

Q Analyze the following Case in this week's Module, Cases are short and intended to highlight a few key concepts from our Module. • This is a graded assignment. • Your answer must be responsive to the question asked to receive full points, see Rubric. • Your answer must be 200 words or more, you must provide a word count at the end of your answer. Dwight Fox is a divorced 40-year-old loan officer at a large regional bank; he has a 16-year-old son. He has decided to use his annual bonus as a down payment on a new car. One Saturday afternoon Dwight visits Unique Motors and buys a new car for $32,000. To obtain insurance on the car, Dwight calls his agent, Carrie Dawson,, who represents Brown’s Insurance Company, and explains his auto insurance needs. Carrie says that she’ll investigate the various options for him. Three days later, Dwight and Carrie get together to review his coverage options. Carrie offers several proposals, including various combinations of the following coverages: (a) basic automobile liability insurance, (b) uninsured motorist’s coverage, (c) automobile medical payments insurance, (d) automobile collision insurance, and (e) comprehensive automobile insurance. Describe the key features of these insurance coverages. a. Basic automobile liability insurance b. Uninsured motorist’s coverage c. Automobile medical payments insurance d. Automobile collision insurance e. Comprehensive automobile insurance

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1. Basic automobile liability insurance mainly consists of two types of coverage. One is the protection to cover bodily injury liability which applies to the medical expenses of the other party if you are found to be at fault in the accident.