The limits of liability on an insurance policy are $1,000,000 for each claim, $4,000,000 aggregate. A nurse is charged in a serious situation in which five separate lawsuits have been filed
What is the most the insurance company will likely pay in this situation? 1. $200,000
2. $1,000,000
3. $4,000,000
4. $5,000,000
2
Rationale: The limit of liability for each claim is $1,000,000 and that is likely all the insurance company will pay since each of the 5 suits came out of the same situation.
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