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Andrea purchased an auto insurance policy with bodily injury liability limits of 250/500. She also purchased a personal umbrella policy with a $1 million limit and a $500 self-insured retention. Andrea was talking on her cell phone while driving, and her car struck and killed a pedestrian in a crosswalk. The court ordered her to pay $750,000 to the spouse of the person she killed. How will this claim be settled?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92424875

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