The distribution of insurance premiums by segment in the Jordanian market for 2010 was a. Medical insurance followed by motor insurance and property insurance b. Motor insurance followed by medical insurance and property insurance . C.Life insurance followed by motor insurance and medical insurance d. Motor insurance followed by life insurance and medical insurance

Q: Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts…

A: Financial Trend Analysis involves assessing historical financial data over time to identify…

Q: Which of the following is NOT a business of life/non-life insurance firm? a. Property/casualty…

A: Life insurance: Phrase life insurance, moreover known as pure life insurance, is life protections…

Q: Insurance of last year in adjustment where to adjust that insurance?

A: Adjusting Entry – Adjusting Entries are the entries that make the accrual principle work for the…

Q: What are the types of social insurance that provided by Saudi insurance companies?

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Q: List out the major Insurance companies in India. 2. Explain the various principles of insurance…

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Q: 4a Describe the resource-based relative value scale payment method used by Medicare to reimburse…

A: The Centers for Medicare & Medicaid Services (CMS) and the majority of other payers implement…

Q: If a firm's supplier has a 3/10/60 credit policy, the cost of trade credit per period is equal to O…

A: cost of trade credit is the cost of not taking the discount.

Q: Which of the following stalements is required by Long- Term care insurers when referring lo…

A: The answer for the multiple choice question and relevant explanation are presented hereunder : What…

Q: Interpret the following ageing schedule: Age of the receivable (days) Rupee value (in lakh)…

A: The ageing schedule can help a company to identify its accounts receivable in order of their due…

Q: IFRS defines the probable collection from a credit sale as ________. Group of answer choices more…

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Q: Calculate the Accounts Receivable Turnover for 2021 using the following information: Net Sales…

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Q: Accounts receivable mber of days of receivables 750 751 754 76 Sales on credit /365 15 17 19

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Q: Which of the following earns a fixed rate of return? Whole life insurance. Term-life insurance.…

A: There are two main types of life insurance:- Term life insurance and whole life insurance. Term life…

Q: True or false 12) The brokers' motivation is measured in five levels: Great, Good, Regular, Bad,…

A: The answer is shown below:

Q: any one of the Insurance Company operating in Oman and explain the different services they do for…

A: The is based on existence of insurance business in Oman. Oman operates under Islamic law and very…

Q: 17. The insurer will issue to the insured before completion of policy Form. *

A: Cover Note A cover note is a temporary certificate of insurance issued by the Insurer before the…

Q: 11. Which of the following is NOT the features of investment-linked insurance? O A. The insured can…

A: A life insurance plan that combines investment and protection is referred to as an investment-linked…

Q: 17. The insurer will issue to the insured before completion of policy form. O A. certificate of…

A: Insurance is a means of protecting oneself against financial loss. It's a sort of risk management…

Q: The following real‐time data on April 21, 2010 has been compiled from various sources on the web:…

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Q: Please confirm and provide calculations for average trade accounts receivable net for 2009 with…

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Q: what is the average amount of receivables؟ 2-what is the percentage cost of trade credit to…

A: 1) Hence, the average amount of receivables is $70,000.

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Q: Insurance Company operating in Oman and explain the different services they do for the customers.

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Q: The policy holder who receives the coverage is called O a. Premium O b. Insured O. Face value O d.…

A: Insurance is a term used for the security provided in monetary terms by an insurance company to a…

Q: The company selling the insurance policy is the _________________. a. Insurer b. Policy c. Premium…

A: Insurance is a means of protection from financial loss.

Q: 20. The written insurance document that may include all clauses, exception and conditions is called…

A: The written insurance document that may include all clauses, exception and conditions is called…

Q: Discuss how benefits of insurance has sustained the insurance industry to date

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Q: If a firm's supplier has a credit policy of 1/10/45, what is the nominal cost of trade credit?   a.…

A: If a firm's supplier has a credit policy of 1/10/45, what is the nominal cost of trade credit?…

Q: About Insurance, which one is wrong?     a. insurance firms purchase re-insurance to…

A: Meaning of Insurance Insurance means protection from business and financial loss. Insurance is a…

Q: dissimilar to the other three options? d. Motor insurance b. Personal property insurance С. Life…

A: The answer for the multiple choice question and relevant explanation are presented hereunder :

Q: Compute trend percents for the following accounts using 2020 as the base year. For each of the three…

A: Trend analysis is used to analyze the financial statement items, Under this the current period…

Q: In case of life insurance policies with profits, policy holders are given the right to participate…

A: Answer

Q: Which of the following is the correct calculation of insurance premium? a. (Premium/1,000) x table…

A: The insurance companies provide insurance facilities for different purposes such as life insurance,…

Q: 17. The insurer will issue to the insured before completion of policy form. O A. certificate of…

A: An insurer is a party that commits to compensate individuals, businesses, or other organizations for…

Q: Indicate whether the statement is true or false, and justify your answer.In the 2010 American health…

A: The health care reform law passed in 2010 march. The rule has 3 main goalmouths:  The law delivers…

Q: What are the key points arising from the credit controller's review in respect of each trade…

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Q: he consideration paid by insured in a contract of in - premium C. prepaid insurance insurance…

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Q: In terms of Business interruption insurance, the gross profit sum insured can be calculated on the…

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Q: The _______________ problem is when customers who are most likely to have a claim against an…

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Types of Insurance Contract

Insurance is a contract wherein an individual or entity gets financial protection from the insurance company for any damages or losses incurred. The individual or entity is called the insured, whereas the insurance company is called the insurer. The insured and the insurer enter a legal contract for a fixed term called the insurance term, and the contract is called an insurance policy.