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WINSTONCH [101]
3 years ago
8

N has a disability policy and suffers a covered loss. After elimination, what is the maximum time the insurer has to make a clai

m payment under the Time Payment of Claims provision?
Business
1 answer:
agasfer [191]3 years ago
5 0

Answer:

under the time payment of claims provision, the maximum time the insurer has to make payment for the claim is 60 days

Explanation:

time payment of claim provision is a provision that requires claims to nbe made within a stated days.

By legal actin provision, the insured is not allowed to take legal action against the insurer. This is due to the fact the claim legally run  within 60 days. So, the maximum time frame the insured has to make a claim payment under the time payment of claim provision is 60 days

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Stealth bank holds deposits of $200 million. It holds reserves of $15 million. It has purchased government bonds worth $75 milli
tiny-mole [99]

Answer:

$220 million

Explanation:

Stealth bank total value of liabilities will be:

Reserves $15 million

Government bonds purchased $75 million

Market value (loan) $130 million

Value of bank liabilities $220 million

4 0
3 years ago
All of the following are potential consequence of not paying debts on time EXCEPT
Dahasolnce [82]
I believe that the answer is B  
8 0
3 years ago
Read 2 more answers
A boss who is a micromanager often works excessive hours, skips vacations, and needs to approve everything
satela [25.4K]
<span>This is a true or false question that often shows up on business related tests. The answer: true. Bosses who micromanage things often have employees who are frustrated and unhappy. In many cases, they feel undervalued and that they are not trusted to handle tasks without direct supervision from the boss. Companies that have a boss who is a micro-manager usually have a high turnover rate.</span>
8 0
3 years ago
you have decided to sublet your apartment. your tenant has agreed to pay $150 per month starting today (with payments made at th
mixas84 [53]

Answer:

PV= $1,173.44

Explanation:

Giving the following information:

your tenant has agreed to pay $150 per month. There are eight months left on the lease, the appropriate interest rate is 6%, compounded monthly.

<u>To calculate the net present value, first, we need to calculate the final value and then use the present value formula.</u>

FV= {A*[(1+i)^n-1]}/i

A= annual pay= 150

i=0.06/12= 0.005

n=8

FV= {140[(1.005^8)-1]}/0.005= 1,221.21

Now, we calculate the present value:

PV= FV/(1+i)^n

PV= 1,221.21/1.005^8= $1,173.44

4 0
2 years ago
The ________ phase is the most important step in the sdlc process.
Law Incorporation [45]

The most important phase of the SDLC is the requirement gathering and analysis phase because this is when the project team begins to understand what the customer wants from the project.

8 0
2 years ago
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