Imagine 5 different events that would cause losses that would be covered by renter's insurance. Write a one-sentence description of each event and a description and estimate of the amount of losses that would result if you experienced the event.
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Imagine 5 different events that would cause losses that would be covered by renter's insurance. Write a one-sentence description of each event and a description and estimate of the amount of losses that would result if you experienced the event.
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- why and how can guaranteed issue (cannot be denied insurance due to pre-existing conditions)Your insureds occupy a single family detached dwelling. For economic reasons, they are considering renting the finished basement to a tenant. What affect will this have on their Homeowners Policy? O A) None at all. Renting part of a dwelling is not considered a commercial activity. O B) They will have to install a smoke detector in the basement and the policy will then be in full force. O C) The policy will have to be cancelled and re-issued on a Secondary Dwelling form. O D) The policy must be endorsed to declare it is no longer a single family, owner- occupied dwelling."How can we explain the differences between legal risks and liability issues to someone who has never heard of these term telemedicine before?
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- HOW DOES setting Recovery Goal WORKS IN DISASTER rISK mANAGEMENTWhich types of events are considered part of a comprehensive risk management plan? Select all that apply, then click Submit below Marriage Illness Liability Disability Death Deductible Property lossIn the Ogden Tables for Personal Injury, what does the discount rate represent? a. The severity of the injury b.The rate of inflation from now until the injured person's retirement c.How many years the injured person is expected to live? d. The expected rate of return on investment
- Please original work What is a real-life examples of mitigating a risk, avoiding a risk, transferring a risk and retaining a risk with which you have personally been involved. For each, talk about the process you undertook to determine the risk and how you went about addressing the risk. Please cite a reference.Mr. and Mrs. Trump have applied to the Trustworthy Insurance Co. for insurance on Mrs. Trump's diamond tiara. The tiara is valued at $97,000. Trustworthy estimates that the jewelry has a 2.8% chance of being stolen in any one year. Use expected values to determine the annual insurance premium p. (Round your answer to two decimal places.) p ≥ $Should homeowners in houses surrounded by flammable vegetation in wildlands pay the same fire insurance premiums as homeowners in the city?