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3 years ago

How does a deductible affect insurance?

1 answer:

6 0

The deductible is the amount a person must pay before their insurance will start to pay. For instance, say you have a $1,000 deductible on your car and you have a wreck that causes $3,000 worth of damage. the driver would have to pay the $1,000 first and then the insurance will help cover the other $2,000 at the rate the policy stipulates.

As for pricing, the insurance policies with higher deductibles (meaning the subscriber pays more for losses), the insurance premium would be cheaper than those policies with a smaller deductible.

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Kiara filled out a life insurance application and was given a policy illustration that showed future premiums being paid out of

maria [59]

Answer: The illustration must show that the policy owner (Kiara)<em> </em><em>may need to resume paying the premium payments depending on actual results. </em>

The policy owner will need to determine if this is the right policy for her and her family. The illustration should be truthful about how the policy will perform for the buyers lifetime. The illustration should also show the financial projections for each year so the buyer can determine if the plan fits their budget.

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3 years ago

What is one of the core concepts in IT

gregori [183]

Like it the clown movie?

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3 years ago

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The ________ the cost of a home, the ________ the insurance. A higher; higher B higher; lower C lower; higher D none of the abov

nydimaria [60]

Answer:

The salad bar has been the place with the multiple salad options at the counter. The disadvantage at school has been the increased cost.

What is the purpose of salad for students?

The salad has been given as the practice of the addition of the nutrition in the form of a tasty and healthy meal.

The addition of the salad bar to the school menu results in the increased cost of the meal for the students, which acts as a disadvantage to the students and the school. Thus, option C is correct.

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brainly.com/question/1042123

Explanation:

The salad bar has been the place with the multiple salad options at the counter. The disadvantage at school has been the increased cost.

What is the purpose of salad for students?

The salad has been given as the practice of the addition of the nutrition in the form of a tasty and healthy meal.

The addition of the salad bar to the school menu results in the increased cost of the meal for the students, which acts as a disadvantage to the students and the school. Thus, option C is correct.

Learn more about salad bar, here:

brainly.com/question/1042123

5 0

2 years ago

The shelby cobra retails for ?$47 comma 68447,684 ?(all taxes? included. what are the monthly loan payments for the car if you m

Dmitry [639]

The answer would be 7152. maybe hope it helps

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3 years ago

What is a demand relationship?

NeX [460]

Answer:

Demand relationship is the relationship between the dominant prices of a good and the quantity that will be bought at that price.

Explanation:

Demand can be defined as the quantity of a good that consumers are ready to purchase at different prices at a given period of time.

The basic demand relationship is between potential prices of a good and the quantities that would be bought at those prices. The relationship is always a negative one, this implies that an increase in price will lead to a decrease in the quantity demanded. This negative relationship is represented in the downward slope of the consumer demand curve. Take for instance, if the price of a bag of rice rises from $10 to a price of $20, this is a huge price increase. This increase forces the consumer to demand less of that product at the price of $20 because the new price is more expensive and also very unreasonable for a bag of rice.

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3 years ago