In commercial auto insurance, how are med payments limits structured?

In commercial auto insurance, medical payments (med pay) coverage is structured as a limit per person, per accident. This means that regardless of how many individuals are involved in an accident or how many vehicles are impacted, each person injured in the accident is entitled to receive medical expenses up to the specified limit set forth in the policy. For example, if the med pay limit is $5,000, each injured individual may receive reimbursement for their medical expenses up to that amount, irrespective of the total number of injured parties or the total number of vehicles.

This structure is designed to address the immediate medical needs of individuals injured in the event of an accident without regard to fault, making it essential for the financial protection of all parties involved. In contrast, the other answer choices address different aspects that do not apply to the direct nature of med pay coverage.