An insurance policy purchased directly online is not required to include Premium amount3 Coverage amount Issuing company’s name Producer’s name

Q: When developing an insurance scoring factor, a company may not consider Income Amount of…

A: Insurance score is a probability of an individual or household filling for claim when they are…

Q: Credit histories allow firms to ( A) identify high-risk borrowers, so they can be eliminated and…

A: Credit history is report on repayment of debts and demonstrated responsibility in repaying them. It…

Q: How do economic principles impact healthcare decision making and planning?

A: Healthcare, frequently composed as health care, is an expansive and multifaceted term that…

Q: In detail please How do economic principles impact healthcare decision making and planning?

A: Healthcare, frequently composed as health care, is an expansive and multifaceted term that…

Q: What kind of healthcare system is the US have?

A: Health care system: It includes all organizations, institutions, and resources that are devoted for…

Q: People should buy bonds when they think that interest rates are as high as they will go.

A: A bond is a financial instrument that allows an issuer to raise capital by borrowing money from…

Q: An application for homeowners insurance is denied based on a Consumer report furnished to the…

A: The Fair Credit Reporting Act (FCRA) is a federal regulation that governs how credit information is…

Q: Extra Expense coverage is included in which of the following forms?  Condominium Association…

A: Extra expense coverage: It refers to the coverage that covers the non-ordinary expenses of the…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: Statutory Conditions in an insurance policy are established for the protection of both the person…

A: Statutory Conditions in an insurance policy are legal requirements or provisions that are mandated…

Q: employee who owns an individual Disability Income policy is injured in an automobile accident and…

A: The term disability income (DI) insurance alludes to an insurance policy that turns out revenue to…

Q: Health insurance is a

A: In an economy, insurance refers to the agreement between two parties where an insurer promised to…

Q: Why do the government subsidize insurance companies.

A: The subsidy is the process of providing a sum of money by the government to the firm or the…

Q: Suppose you have $5,000 as a gift from your parents just after you graduate. You have a car, your…

A: Insurance is a contract in which a person pays a firm and the company agrees to pay money if the…

Q: What are different types of managed care Plans in terms of operation/definition and cost control…

A: The 3 managed care plans include: High Deductible Plans, Health maintenance Organizations and Point…

Q: Which of the following statements is correct about a business income coverage form? 1. it must be…

A: Business income coverage form is a type of an insurance policy that covers loss of income from…

Q: what are the recommendations for vouch insurance?

A: Vouch insurance is a firm that provides insurance for tech startups. Launched in 2019, it presently…

Q: yolanda younes-garcia of decatur, il, has decided to purchase bcbs plan k. she has a $15 copay and…

A: Insurance premium (IP) is $15. Insurance pay 50% amount and the person share is 50%. The annual…

Q: Why do you think the cost varies based on a person’s insurance status?

A: While answering this, it is assumed that the insurance in question here is health insurance. Being…

Q: Is Healthcare like any other commodity

A: Healthcare is one of the industries of service sector that provides facilities related to health…

Q: What differentiates for-profit and nonprofit healthcare organizations financially

A: This can be described as the concept that shows the ultimate or final gain of an individual or…

Q: The part of the policy which may request an insured to submit as a proof of loss is called the…

A: In Insured policy, Conditions are provisions inserted in the policy that qualify or place…

Q: the different treatment alternatives for drug and alcohol abuse.  What are several strengths and…

A: Drug abuse: It refers to the situation under which the people who take drugs or alcohol will abuse…

Q: Offer, acceptance, and consideration are necessary elements of   A.a warranty   B.a…

A:

Q: A side effect of an action that adversely affects is third party is called a

A: An externality is a cost or benefit caused by the manufacturer that is incurred or received by their…

Q: How would present a loss and or an expense or damage claim?

A: Development contracts will by and large accommodate the contractor to guarantee direct loss and…

Q: How do insurance companies make money?

A: As a for-profit firm, an insurance company must develop an internal business model that collects…

Q: A person may be considered negligent if they fail to do what a reasonable and prudent person would…

A: Negligence is the most widely recognized of misdeed cases. At its center Negligence happens when a…

Q: How do health administrators have technical skills

A: The recent shift to Electronic Health records (EHR) by the healthcare industry ha led to the…

Q: Is Effective payment model a challenge in the healthcare system today

A: Yes, the effective payment model is a challenge in the health care system today.

Q: The case of transaction exposure is described as follows. Choose the correct answer in the…

A: The exchange rate of a currency fluctuates due to various reasons which include, the interest rate,…