15/17 that's 88% Well done! If you keep getting Milestone scores like this you'll pass the course. 15 questions were answered correctly. 2 questions were answered incorrectly. 1 Which of the following is a feature of the personal automobile policy (PAP)?  The policy pays the cost of the damages to anyone injured in an accident caused by the policyholder.  The policy covers damages to the insured vehicle caused by natural disasters, such as flooding.  The policy pays the fines incurred from parking tickets issued to the owner of an insured vehicle.  The policy covers the cost to replace worn-out body parts of the insured vehicle. RATIONALE A PAP provides insurance coverage in case of an accident. It helps to pay any expenses (liabilities) to others in case policyholders cause an accident. A PAP creates a safety net in case you are at fault in causing significant physical, bodily, or emotional harm to others. It also provides a safety net should you be in an accident caused by an uninsured or underinsured driver. CONCEPT Auto Insurance 2 Which of the following statements correctly describes probate?  Probate refers to the process of hiring an attorney to draft a will for the deceased individual's property.  Probate refers to the disposal of disclaimed property as per the order of the executor of a will.  Probate refers to the process that involves obtaining a deceased person's taxes from their legal heirs.  Probate refers to the execution of a will under court supervision. RATIONALE Probate refers to the settlement of a person’s estate—the assets and liabilities held by a deceased person—through a court-supervised process. Probate is a public process that ensures that the distribution of assets and payment of liabilities occur according to a person’s will or through the laws of the state. CONCEPT Wills 3 In which of the following scenarios is the individual paying an insurance deductible?  Simon pays a standard rate of $25 every time he has a doctor's appointment, while his insurance pays the remaining amount.  Raul pays $3,500 to repair damages to his house before his insurance begins to cover the costs.  Alina pays $200 toward her fire insurance every month.  Sam pays 20% of his insurance costs and his employer pays the remaining 80%. RATIONALE A deductible is the amount that you must pay on a claim before insurance comes into play.