In Jackie’s PAS policy, what type of benefit coverage will she receive?

The correct choice indicates that Jackie will receive a fixed sum assured within her Personal Accident (PAS) policy. This means that, in the event of a covered accident, Jackie will be entitled to a predetermined amount of money, which agrees upon when the policy is established. A fixed sum assured provides clarity and certainty for policyholders, as they know exactly what financial protection they have in place.

In this context, having a fixed sum assured means that regardless of the circumstances surrounding the accident, or the amount of any claims made, Jackie will receive the agreed-upon amount. This type of benefit is designed to offer peace of mind and financial support during difficult times, as it guarantees a specific payout.

Other options may involve elements of variability in the benefits. For instance, a fluctuating sum based on claims would imply that the payout amount could change depending on the size of the claims submitted, creating uncertainty. Similarly, a variable sum based on age might suggest that the coverage amount increases or decreases as Jackie ages, which could complicate her understanding of coverage. Lastly, a temporary sum until renewal would indicate that the coverage is not guaranteed for the full term of the policy, introducing a potential gap in protection. The fixed sum assured delivers straightforward and reliable coverage,