Texas Property and Casualty License Practice Exam 2025 – All-in-One Guide to Exam Success!

Image Description

Question: 1 / 400

What does the supplementary payment for Loss of Earnings cover?

Up to $150 per day if injured

Up to $200 per day if worked is missed due to trial

The supplementary payment for Loss of Earnings specifically covers the loss of income that an insured individual may incur when they are unable to work due to their involvement in a trial related to a covered claim. This payment typically amounts to up to $200 per day for the duration of the time missed from work, which helps to alleviate some of the financial burden associated with attending court proceedings as a witness or party in a legal matter.

This coverage is important because it acknowledges that individuals may lose income when they have to take time off work to fulfill legal obligations. Other options do not align with the specific provisions for supplementary payments, as they either cover different scenarios or provide amounts that do not directly relate to Loss of Earnings due to trial attendance. Understanding this provision is crucial for individuals navigating the complexities of insurance claims and their associated compensations.

Get further explanation with Examzify DeepDiveBeta

All medical expenses incurred

Up to $500 per day for any reason

Next Question

Report this question

Download Texas Property and Casualty License Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy