Which of the following is NOT included in Supplementary Payments?

Study smart for the Manitoba Insurance Exam. Dive into multiple choice questions with hints and detailed explanations. Equip yourself with the knowledge needed to excel in your exam!

In insurance terminology, Supplementary Payments refer to additional benefits provided under a liability policy that go beyond the limits of the policy's basic coverage. These payments are designed to cover costs that may arise from the claim process.

Costs of defense, court costs, and interest from the date of judgment are all typical components of Supplementary Payments. These elements help protect the insured by providing financial coverage for expenses incurred during the legal proceedings and associated costs that can arise as a result of a covered loss.

However, the amount of the settlement itself is not part of Supplementary Payments. The settlement amount is generally contained within the policy limits of liability coverage and is what the insurer pays to resolve claims against the insured. Supplementary Payments are designed to cover the additional expenses related to defending claims or settling them, rather than the settlement amount itself. Therefore, identifying the settlement amount as not included in Supplementary Payments is accurate and highlights an important aspect of how these coverages function.

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