What do policy limits of 25/ 50/ 25 mean? Do you think the minimum amounts of liability insurance required by your state are suitable for all drivers? Explain your answer.
Answer to relevant QuestionsDescribe the two types of financial responsibility laws most states have. Are these laws always effective? Do they have enough insurance? Do they have too much insurance? Is increasing their deductible well advised? What are some other types of health insurance that might be offered by an employer? What are the advantages and disadvantages of this type of health care coverage? Make suggestions to the Sampsons regarding their health insurance. Do you think they should switch from the HMO to a PPO? Why or why not?
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