What elements of the employee dishonesty exposure make it difficult to estimate the size of the loss that can occur? In what way does the fidelity exposure differ from other property exposures?

Q: Your insured's automobile is damaged by another automobile owned and driven by his brother. The…

A: An Uninsured Automobile is a term used in insurance to refer to a motor vehicle (an automobile) that…

Q: How much is deducted each month from his paycheck for medical insurance?

A: Annual insurance payment by Company = 3,300 x 80% = 2,640 Annual insurance payment by David = 3,300…

Q: What is the risk premium(s)?

A: Market Risk Premium: The amount that remains after deducting the risk-free rate of return from the…

Q: what was the relationship between the premiums, deductibles, and coverage limits for your insurance…

A: Insurance is a legally binding contract or agreement between an individual or group(known as the…

Q: The difference between the actuarily fair price for insurance and the price a risk-averse individual…

A: To Find: Difference between the actual fair price for insurance and, the price a risk- averse…

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: ту. Suggest a change you would bring to your boss as a managed-care control aimed at reducing the…

A: A change I would suggest is that the age brackets for reimbursements can be revised. The more…

Q: insurance

A: There are many insurance companies for regulating and managing risks. They are regulated by states.

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: 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: Pls help ASAP

A: Broker's Referral Fee PolicyAn expert who serves as a go-between for an insurance company and a…

Q: The lower the deductible on an insurance policy, the higher the premiums.    True or False

A: The deductible is the amount that a policyholder pays before the insurer (the insurance company)…

Q: How much is Jane’s deductible?  What percentage of the bill does Jane’s health care plan pay once…

A: When Jane hasn't reach her deductible, then:- Office costs= $125 Jane pays= $125 Her plans pays= $0…

Q: How does adverse selection impact the pricing and sustainability of insurance markets?

A: Adverse selection is a phenomenon in the insurance industry where those who believe they are most…

Q: What research designs for the impact of social media on the perception of “Self” among Adolescents…

A: Being connected through smartphones and social media is now just a part of growing up for many…

Q: Define the term Aggregating Risk over time?

A: In financial terms, risk is defined as the chance that the actual gains from an outcome or…

Q: before receiving a policy from the insurer, a producer may give an insured a written document as…

A: Insurance policies are legal agreements between the insurance providers and the policy holders. The…

Q: Insurance coverage has been shown to diminish the importance of time in the decision about how much…

A: Once a person purchases health insurance, he or she is likely to spend a lesser amount of time in…

Q: Pls help ASAP

A: For the first question:   The underwriting concern that is NOT applicable with the request for a…

Q: Insurance needs change throughout a person’s lifecycle because people’s needs change.  True or…

A: An arrangement through which a guarantee of compensation is provided for specified damage or illness…

Q: A person being examined by the director of insurance shall provide the director with free access to…

A: An insurance company is one with high risk and there is a chance of market failure such industries.