West Virginia Property and Casualty Licensing Practice Exam

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Prepare for the West Virginia Property and Casualty Licensing Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

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What is the minimum limit for medical payments to others per person, per occurrence?

$500
$1,000
$1,500
$2,000

The correct answer is: $1,000

The minimum limit for medical payments to others per person, per occurrence, is set at $1,000. This coverage is typically included in a homeowners or personal liability insurance policy and is designed to cover medical expenses for guests who may be injured on the policyholder's property, regardless of fault. This means that the insurance will pay for necessary medical expenses incurred by the injured party up to the specified limit, promoting prompt payment without requiring legal action to establish liability. Setting a minimum limit encourages policyholders to provide an adequate level of coverage for potential injuries, ensuring that medical needs can be met in a timely manner.