1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alinara [238K]
2 years ago
15

an application for health insurance was submitted on may 1 without a premium payment. the underwriter ordered a medical exam, wh

ich was completed on may 15. the company issued and mailed the policy to the agent on may 30. the agent delivered the policy and collected the first premium, along with the statement of good health, on june 3. coverage became effective on:
Business
1 answer:
Law Incorporation [45]2 years ago
8 0

The coverage became effective on 3rd June on the day collection of first premium .The start of the time frame that the subject(s) of the record group, collection, or archive materials cover.

<h3>How Does Health Insurance Work?</h3>

Simply put, health insurance is a means of financing your medical care. When you are ill or wounded, your health insurance prevents you from having to pay the full cost of medical treatments. It functions similarly to how your house or auto insurance does: either you or your employer choose a plan and agrees to pay a predetermined rate, or premium, each month. Your health insurance consents to cover a portion of your covered medical expenses in exchange.

To know more about 'health insurance' , visit:brainly.com/question/1941778

#SPJ4

You might be interested in
During December of Year 1, Nile Co. incurred special insurance costs but did not record these costs until payment was made durin
o-na [289]

Answer:

The omission of this entry understated accrued liabilites. given that the related inventory was sold in year 1, it aslo overstated net income and retained earnings by understating cost of goods sold,  the same effects would occur if the insurance costs were chargeable to expense as a period cost

Explanation:

Rules specify that contingent liabilities should be recorded in the accounts when it is probable that the future event will occur and the amount of the liability can be reasonably estimated. This means that a loss would be recorded (debit) and a liability established (credit) in advance of the settlement.

4 0
3 years ago
Identify three likely affects of an increasing global population
Rom4ik [11]

Answer:

(1) effects of large families on child development, (2) educational problems, (3) lags in new technology, (4) increased inequities in agriculture, (5) unemployment and underemployment.

Explanation:

you can choose 3 from those.

6 0
3 years ago
An egoist who believed the right goals or actions are the ones that ensure survival
ASHA 777 [7]
The answer is Ayn Rand.
Ayn Rand was an egoist who believed the right goals or actions are the ones that ensure survival and also contemplated that it would not be rational to act in ways that may make the individuals from your group need to hurt you.<span> She called  her theory as </span><span>rational </span>egoism<span>. </span>
6 0
3 years ago
When BBG Inc. was preparing to roll out a new performance management system, Kayla, the human resource executive, insisted that
Kazeer [188]

Answer:

D)- When employees see performance measures as fair, they are likelier to apply the feedback.

Explanation:

There is a book named 'the 4 disciplines of execution' where the author relates the importance of metrics in the performance of the team. Having the measures in mind permit us to compare and react to the objectives demanded by the organization.

4 0
3 years ago
CHECKING VS SAVINGS
Maurinko [17]

Checking accounts are better for everyday transactions such as purchases, bill payments and ATM withdrawals. They typically earn less interest — or none. Savings accounts are better for storing money and earning interest, and because of that, you might have a monthly limit on what you can withdraw without paying a fee.

4 0
3 years ago
Read 2 more answers
Other questions:
  • What impact did technology have on modern medicine?
    13·1 answer
  • Designing my career path has nothing to do with writing goals.
    10·1 answer
  • Is it possible for a firm to become too big to be competitive and earn profit?
    13·1 answer
  • LO 5.2What is the difference between prime costs and conversion costs?
    8·1 answer
  • Traffic patterns are important in room design and should take potential furniture placement into account true or faolse
    10·2 answers
  • What is the main difference between deductive and inductive forms of argument?
    10·1 answer
  • A car dealer wants to get rid of the stock of last year's model. Assume that the dealer knows from past experience that the pric
    9·2 answers
  • A study is designed to evaluate how an employee reacts to interruptions when attempting to answer his/her email. After several i
    8·1 answer
  • Top earning game of USA​
    9·1 answer
  • Identify two objectives for a business organization in a public sector
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!