When servicing rights for flood and hazard insurance are transferred, it is the responsibility of the insurance holder to notify the insurance company.
<h3>
What is insurance?</h3>
- An effective way to guard against financial loss is insurance.
- It is a method of risk management that is primarily employed to protect against the risk of a potential loss.
- An organization that offers insurance is referred to as an underwriter, insurer, insurance business, or insurance carrier.
<h3>What is an insurance company?</h3>
- A firm whose primary and dominating commercial activity throughout the tax year is the issuance of insurance or annuity contracts or the reinsuring of risks underwritten by insurance companies is referred to as an insurance company.
Therefore, When servicing rights for flood and hazard insurance are transferred, it is the responsibility of the insurance holder to notify the insurance company.
Know more about a financial loss here:
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He will not be able to buy expensive things. Hope it helps :)
Answer:
uncertainty
Explanation:
Uncertainty is the inability of a person to know the outcome of a decision or a line of action.
One does not have a certainty of how things will turn out in a given situation.
In the given instance where Dianna does not know the outcome of each alternative until she has actually chosen that alternative, she is facing a condition where she is not certain of the outcome of any alternative
Explanation:
Schools aren't in charge of what the student says outside of school. However, parents are. If there happens to be an issue, I believe that parents should be the ones creating the punishment.
U.S. demand conditions.
Answer: Option B.
<u>Explanation:</u>
Since the question is about the domestic demand and the demand of the citizens who are living in the country, the demand of the people who are living in the United States of America should not affect the domestic demand of Indian citizens.
The demand of every good and service is affected by some factors which increase or decrease the demand of these goods and the services. But the demand of the international consumers or customers will not affect the demand of the national goods and services.
