When the policyowner specifies a dollar amount in which installments are to be paid, he/she has chosen which settlement option?

When the policyowner specifies a dollar amount in which installments are to be paid, he/she has chosen which settlement option?



Answer: Fixed amount settlement

Popular posts from this blog

You are riding in Sarah's car when she fails to yield and causes an accident. Which of the following coverages would NOT pay for your injuries?