All claims other than those for periodic installments should be paid immediately after the insurer has received proof of loss.
A time of payment of claims provision states the wide variety of days that the insurance company has to pay or deny a submitted declaration. This provision is included to minimize the amount of time that a policyholder has to anticipate his/her payment or for a selection approximately his/her declare.
Claim provision means an amount payable to you under the policy to compensate you for the credit losses you have sustained from unpaid insured receivables.
A claim provision is a clause in an insurance contract that sets forth the process to be followed within the submission and management of claims. In the case of a reinsurance agreement, it states the phrases and conditions under which the reinsurer's legal responsibility for claims will arise.
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Answer:
Effect on income= $3,520 increase
Explanation:
Giving the following information:
Contribution margin= 44
The marketing manager believes that a $6,600 increase in the monthly advertising budget would result in a 230 unit increase in monthly sales.
To calculate the effect on income, we need to use the following formula:
Effect on income= increase in contribution margin - increase in costs
Effect on income= 230*44 - 6,600
Effect on income= $3,520 increase
Answer: 12%
Explanation:
First find the Inflation premium:
= Nominal risk free rate - Real risk free rate
= 13% - 3%
= 10%
Plug it into the following equation:
Inflation premium = { (2 * expected average inflation rate over the next two years) + Inflation rate for third year) } / 3
10% = { (2 * 9%) + 1₃} / 3
3 * 10% = { (2 * 9%) + 1₃}
30% = 18% + I₃
I₃ = 30% - 18%
I₃ = 12%
I would say A. is best conveyed through one's immediate supervisor. When one would start working in a company, he is under a supervisor that would be the one to convey the messages from the managers. This is done so that the chain of command will not be broken. Since the employee is already given clear instructions is to who he is supposed to answer to, then work related information should be exchanged by the employee and his immediate supervisor so that there is no confusion.
Answer:
b) money is raised without a specific property being stated, and the GP selects the investments.
Explanation:
A blind pool offering can be defined as a limited liability partnership or investment program that isn't backed up by the required investment goals for the funds that has been gathered from investors.
When money is raised without a specific property being stated, and the GP selects the investments it describes an oil and gas blind pool offering.
