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3 years ago

The specific protection that the insurer provides to the policy holder is known as which of the following?

2 answers:

8 0

The correct answer for the given question would be COVERAGE. The <span>specific protection that the insurer provides to the policy holder is known as the coverage. The policy holder refers to the person </span>who purchased the policy from the insurer and the policy is <span>the contract between the insurer and the individual. Hope this answer helps.</span>

NISA [10]3 years ago

8 0

Rider is the answer to this question. A Rider in insurance means that an insurer gives the policy holder an additional insurance coverage in which the policy holder will pay for an additional fee. An example of a rider is when an insurance provides additional coverage like an accidental death coverage and a coverage for a critical illness but a specific amount is to be paid by the planholder.

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<em>c. The reasoning of both Alfons and Mary suffers from the omitted variable problem</em>

Explanation:

The issue of omitted variables occurs as a result of mis-specification of a linear regression model, which could be either because the impact of the omitted variable on both the dependent variable is unclear, or the evidence was not accessible.

This causes you to omit the variable from your regression, resulting in over-estimation (upward bias) or underestimation (downward) of the influence of one of the other predictor variables.

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3 years ago

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Correct Answer:

C) issuance of a stock certificate

Explanation:

In the model developed by group working for NASAA which was to disclose model fee and cost involved in doing business with them, it would disclose all associated cost involved. <em>The only thing it would not disclose would be regards to stock certificate issuance since it falls outside their perview.</em>

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3 years ago

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Worker's Compensation, because the injury occurred by an employee in the course of performing their job.

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3 years ago

Resources are:

MariettaO [177]

Answer:

b.Scarce for households and scarce for economies

Explanation:

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3 years ago

How is a Trial Balance used?

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In order to create balance sheets and other financial accounts, trial balances are a crucial document for auditors. To identify any accounting problems, a trial balance is performed to ensure that the general ledger accounts' debit and credit column totals match.

<h3>What purpose does a trial balance serve?</h3>

Any mathematical mistakes that have occurred in a double entry accounting system can be found using a trial balance. There shouldn't be any arithmetic errors in the ledgers if the sum of the debits and credits equals the total of the trial balance.

<h3>What exactly does a trial balance contain?</h3>

It varies. A trial balance can be used by businesses to monitor their financial status, and they may create multiple different types of trial balances over the course of the fiscal year. All of the significant accounting items, including as assets, liabilities, equity, revenues, expenses, gains, and losses, may be included in a trial balance.

To Know more about trial balance

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1 year ago