When you purchase an insurance policy, you will see a term that lays out the highest amount the insurance company will pay for a claim.

What is this term called?
Choose 1 answer:
Choose 1 answer:
(Choice A) a policy limit
A
a policy limit
(Choice B) a co-pay
B
a co-pay
(Choice C) a deductible
C
a deductible

(Choice A) a policy limit