Hawaii Insurance Adjuster License Practice Exam

Medical payments coverage of a boatowners policy covers necessary medical expenses up to ______ following a covered accident.

1. 1 year

2. 2 years

3. 3 years

4. 5 years

The correct answer is: 3 years

Medical payments coverage in a boatowners policy is designed to cover necessary medical expenses incurred by individuals who suffer injuries in a boat-related accident, regardless of fault. According to the typical terms of such policies, this coverage is usually available for a set time period following the accident during which eligible expenses can be claimed. The correct answer indicates that the coverage lasts for up to three years after an incident. This timeframe allows for the comprehensive treatment and rehabilitation process that many injury victims may require, ensuring they receive adequate support for their medical needs stemming from the accident. This timeframe is standard in many types of insurance policies, including boatowners, as it balances the need for ongoing support with the insurance provider's ability to manage claims effectively.