Explain the reasons for including exclusions in an insurance policy.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
There are several reasons for exclusions The most important is the removal of catastrop...View the full answer
Answered By
Cristine kanyaa
I possess exceptional research and essay writing skills. I have successfully completed over 5000 projects and the responses are positively overwhelming . I have experience in handling Coursework, Session Long Papers, Manuscripts, Term papers, & Presentations among others. I have access to both physical and online library. this makes me a suitable candidate to tutor clients as I have adequate materials to carry out intensive research.
4.90+
1538+ Reviews
3254+ Question Solved
Related Book For
Introduction to Risk Management and Insurance
ISBN: 978-0131394124
10th edition
Authors: Mark S. Dorfman, David Cather
Question Posted:
Students also viewed these Corporate Finance questions
-
Bevans Co. makes two products, Product X and Product Y. Bevans has produced Product X for many years without generating any hazardous wastes. Recently, Bevans developed Product Y, which is superior...
-
Marston Corporation manufactures disposable thermometers that are sold to hospitals through a network of independent sales agents located in the United States and Canada. These sales agents sell a...
-
Explain the reasons for social insurance programs in the United States.
-
The top ten fiction books on The New York Times Best Sellers List on October 9, 2016, are listed. 1. The Girl on the Train 2. Home 3. The Kept Woman 4. Magic Binds 5. Commonwealth 6. The Light...
-
A screening procedure was designed to measure attitudes toward minorities as managers. High scores indicate negative attitudes and low scores indicate positive attitudes. Independent random samples...
-
Use mesh analysis to fid vab and io in the circuit in Fig. 3.89? Figure 3.89 20 80 V 30 20 80 V 20 30
-
You roll a six-sided die. Find the probability of each event. 1. Event A: rolling a 3 2. Event B: rolling a 7 3. Event C: rolling a number less than 5
-
a. Evaluate each of these alternatives. On the basis of the limited information presented, recommend the one you feel is best. b. If Casinos International's stock price rises to $60, what will happen...
-
In an airline's hiring process, all candidates were assessed on criteria such as "assertiveness," "teamwork" and "ability to have fun." Although these were age-neutral on their face, bias was...
-
Obtain the Laplace transform of f (t) in Fig. 15.28 . f(t) A 15 1 2 3 4 t
-
List and describe the different parts commonly found in an insurance policy.
-
What are the important differences between a valid contract, an invalid contract, and a voidable contract?
-
Richard Toms has agreed to purchase the business of Norman Soul with effect from 1 August 2017. Souls budgeted working capital at 1 August 2017 is as follows: In addition to paying Soul for the...
-
In some animal species, exposure to males reduces lifespan of females, because of the damage caused by harassment and male seminal fluids. In other species, exposure to other females is more harmful...
-
Fill in the blanks to make the following statements correct. a. In our macro model exports ( X ) are _________ with respect to domestic national income, but the X function will shift in response to...
-
Fill in the blanks to make the following statements correct. a. In our macro model, government purchases ( G ), is __________ with respect to national income. b. G does not include ____________ . Net...
-
Post-Keynesians suggest that contractual agreements might be a way to deal with asymmetric information. a. Name a business or consumer transaction where asymmetric information might occur. b. How...
-
Adam Smith argued that at birth most people were similarly talented, and that differences in individual abilities, and hence productivity, are largely the effect of the division of labor, not its...
-
Solve each compound or absolute value equation or inequality. |4x + 3| 7
-
The National Collegiate Athletic Association (NCAA) and the National Federation of State High School Associations (NFHS) set a new standard for non-wood baseball bats. Their goal was to ensure that...
-
A risk management program must be implemented and periodically monitored to be effective. This step requires the preparation of a risk management policy statement. The cooperation of other...
-
Chris and Karen are married and own a three-bedroom home in a large Midwestern city. Their son, Christian, attends college away from home and lives in a fraternity house. Their daughter, Kelly, is a...
-
Describe the steps in the risk management process.
-
Calculating Present Values Imprudential, Inc., has an unfunded pension liability of $645 million that must be paid in 25 years. To assess the value of the firm's stock, financial analysts want to...
-
Describe the operating activities of each company noting similarities and difference between COCA COLA & PEPSICO. Identify two economy wide factors and industry wide factors that could impact on the...
-
The trial balance for a company listed the following account balances at December 31, Year 1, the end of its fiscal year: cash, $36,000; accounts receivable. $31,000; Inventory, $45,000; equipment...
Study smarter with the SolutionInn App