Which of the following is a typical requirement before an individual may apply for an insurance license? Must be a homeowner Must have an office inside the home Must meet minimum age requirements Must have 15 years' law experience

Q: When developing an insurance scoring factor, a company may not consider Income Amount of…

A: Insurance score is a probability of an individual or household filling for claim when they are…

Q: An insurance policy purchased directly online is not required to include Premium amount3 Coverage…

A: Answer - Given in the question- An insurance policy purchased directly online is not required to…

Q: Credit histories allow firms to ( A) identify high-risk borrowers, so they can be eliminated and…

A: Credit history is report on repayment of debts and demonstrated responsibility in repaying them. It…

Q: 1. What is the ANNUAL premium for an individual who is 21 years old? 2. Between what two ages does…

A: Note: “Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: Insureds over age 55 who subsequently complete an approval national or state motor vehicle accident…

A: Insurances are contracts that provide compensation against the losses that are mentioned in the…

Q: A building worth $100,000 is insured for $60,000 under a policy with an 80% co-insurance clause.…

A: Insurance is defined as the reimbursement of losses. It is provided by an insurance company where…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: ne policyholder's car was damaged after a massive hail storm came througl pairs due to the hail…

A: Insurance is a contract represented by an insurance contract in which an individual as an entity…

Q: Interest Rate iA 0 Ms Quantity of Money MD (Y, P)

A: (a) Calculating M1 and M2M1: This includes the most liquid forms of money:Currency: $95Checkable…

Q: Under a dwelling property form DP-2 . Which of the following terms is used to describe on which…

A: A DP2 coverage covers your property for its replacement cost, or the full amount needed to replace…

Q: What are the ethical issues involved in BP's oil spill?

A: The BP oil spill, also known as the Deepwater Horizon oil spill, was a catastrophic environmental…

Q: Lucas bought a house that they plan to rent out on a weekly basis. Which question is the Broker…

A: Since you have posted two independent McQs, according to our guidelines, only the first McQ is…

Q: yolanda younes-garcia of decatur, il, has decided to purchase bcbs plan k. she has a $15 copay and…

A: Insurance premium (IP) is $15. Insurance pay 50% amount and the person share is 50%. The annual…

Q: Your workforce in the sales department consist of 30 workers. 10 are baby boomers born between 1945…

A: The workforce is the work pool in employment. It is frequently used to depict those working for a…

Q: What are the deductible expenses?

A: Expenses are the operating costs incurred by a company to generate revenue. Common expenditures…

Q: Offer, acceptance, and consideration are necessary elements of   A.a warranty   B.a…

A:

Q: Differentiate between MDGs and SDG

A: SDGs stands for the Sustainable Development Goals. It began in 2012 at the UN Conference on…

Q: How would present a loss and or an expense or damage claim?

A: Development contracts will by and large accommodate the contractor to guarantee direct loss and…

Q: Which of the following best defines full insurance? (a) Number of dollars of accident insurance…

A: Insurance is the claim that an individual receives in case of any unfortunate loss to the assets.…

Q: Kyra is the owner and president of Borealis Fit, a martial arts studio with 15 employees. The centre…

A: Group insurance is a type of insurance that covers a group of people who share a common…

Q: The case of transaction exposure is described as follows. Choose the correct answer in the…

A: The exchange rate of a currency fluctuates due to various reasons which include, the interest rate,…