Texas Property and Casualty License Practice Exam

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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
All medical expenses incurred
Up to $500 per day for any reason

The correct answer is: 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.