Under the liability portion of a personal Auto policy, all of the following people are considered insureds Except The named insured spouse An auto mechanic who test drives the named insured car A nephew residing in the named insured’s household A neighbor who drives the named insured’s auto with permission

Under the liability portion of a personal Auto policy, all of the following people are considered insureds Except The named insured spouse An auto mechanic who test drives the named insured car A nephew residing in the named insured’s household A neighbor who drives the named insured’s auto with permission

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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The standard homeowners policy contains both property and liability coverages. True or False
Insurance agent Ricardo is recommending that Rob and Samuel, the owners of a manufacturing firm, put in place a properly funded 'buy sell' agreement. Should one owner die, it protects the surviving business owner, the business itself, the surviving family or other beneficiaries of the deceased owner. How can a properly funded 'buy sell' agreement ensure that the business is protected? Select one: a. It can provide funding through life insurance or other sources, it provides a mandatory sale to the surviving owner, it does not provide guaranteed value as the value of the business will change over time. b. It can provide a guaranteed buyer for the business, it can provide guaranteed value, it saves time, it provides an orderly transition of the business to the new owner. C. It provides a non-mandatory sale, it provides guaranteed funding through life insurance, it does not provide a guaranteed buyer for the business, it helps in the easy valuation of the business. d. It can provide…
Which of the type of insurance pays benefits to workers who suffer an injury on the job? Select the correct answer below: deposit insurance pension insurance O workman's compensation insurance none of the above
Briefly explain the factors that are considered in determining the premium for automobile liability insurance. What additional factors are considered in the rating of comprehensive and collision coverages? What factors apply in the case of youthful drivers that are not considered in the case of other drivers? [
Name a peril that is often excluded from an home or auto insurance policy. Why is the peril included in an insurance policy
Which of the following characteristics is typical of group insurance? A.Each employee receives an individual contract B.All full-lime employees are eligible for coverage. C.Employees may automatically enroll for coverage at any time.
An advance health directive that allows a person to control what medical treatment he or she may receive after a serious accident or illness is a. a health-care power of attorney. b. a constructive trust. c. a durable power of attorney. d. a living will.
Name the coverage for auto insurance "Pays for damage or loss of your car if you are in accident." Property damage liability Collision Coverage Comprehensive coverage Bodily injury liability
which of the following persons must have an active North Carolina real estate license? a person who manages the petals of their parents beach cottage without receiving any compensation for their services a retiree who refers prospective home buyer to the home sales center at their retirement community in return fro fee rounds of golf anyone who occasionally buys. renovates, and sells historic houses at a significant profit the executor of an estate who handles the sale of the deceased persons real property and receives an executors fee
For purposes of computing the credit for child and dependent care expenses, the qualifying child or dependent care expenses are limited to the actual or deemed earned income of the lower earning spouse. True False

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