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mbrella Policy Exercise Jack has the following insurance policies and liability limits 1. Auto policy...

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mbrella Policy Exercise Jack has the following insurance policies and liability limits 1. Auto policy with a $500,000. Combined single limit for each of his three cars. 2. Homeowner's policy with a liability limit of 100,000. 3. Boat policy for his wave runner that has a $300,000 combined single limit. 4. A true Umbrella Policy with a limit of $1,000.000., and a retention limit of $1,000.00. What will be paid under which policies under the following circumstances? 1. Jack strikes a pedestrian who is killed. His estate sues Jack for $800,000. 2. Jack goes to Mexico City, rents a car and is involved in a serious 3. Jack's pit bull beaks his chain and attacks a person seven miles from 4. Jack causes a bus to go off the roadway. The damage to the bus is 5. Jack is a doctor and cancer 6. Jack looses control of his wave runner and strikes a dock doing accident. Jack is held liable for $50,000, Jack's premises. The victim sues Jack for $50,000. $300.000. and the passengers sue Jack for two million dollars. d exposes a cancer patient to excessive radiation The patient sues for one million $200.000. in damages

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