Under a typical group insurance program, which one (1) of the following benefits is unlikely to be covered? OA) Fees of paramedicals, such as chiropractors. OB) Nursing care. OC) Experimental drugs. OD) Ambulance service.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Under a typical group insurance program, which one (1) of the following benefits is unlikely to be covered?
OA) Fees of paramedicals, such as chiropractors.
B) Nursing care.
OC) Experimental drugs.
OD) Ambulance service.
Transcribed Image Text:Under a typical group insurance program, which one (1) of the following benefits is unlikely to be covered? OA) Fees of paramedicals, such as chiropractors. B) Nursing care. OC) Experimental drugs. OD) Ambulance service.
The insurance industry uses specific definitions to describe various perils under Crime coverages. Which one (1) of the
following would be considered a Robbery loss?
OA) A masked man threatened your insured with a metal bar and ordered him to empty the cash register. He then
ran off with all the money.
OB) A customer took merchandise from a store without paying for it.
OC) A criminal smashed the glass in a jewellery display case, grabbed some of its contents and made off before he
could be stopped.
OD) A bookkeeper set up false accounting records to divert funds into a personal off-shore bank account.
Transcribed Image Text:The insurance industry uses specific definitions to describe various perils under Crime coverages. Which one (1) of the following would be considered a Robbery loss? OA) A masked man threatened your insured with a metal bar and ordered him to empty the cash register. He then ran off with all the money. OB) A customer took merchandise from a store without paying for it. OC) A criminal smashed the glass in a jewellery display case, grabbed some of its contents and made off before he could be stopped. OD) A bookkeeper set up false accounting records to divert funds into a personal off-shore bank account.
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