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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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Roberto Baldwin As the owner and manager of Fantastic Toys, Roberto Baldwin is fascinated by all the changes occurring and trans

Ludmilka [50]

Answer:

A) increases its connectivity with people and organizations in other parts of the world.

Explanation:

deep-level diversity which can be regarded as task-related diversity is

less observable as well as deeper-leveled attributes which could be

attitudes, functional expertise and personality. In the case above, If Roberto wants to study deep-level diversity in his organization, he should increases its connectivity with people and organizations in other parts of the world.

7 0

2 years ago

Identify two benefits of drawing up a business plan.

VashaNatasha [74]

Answer:

Here are four benefits of a business plan:

You can get outside funding. To get funding from lenders or investors, you need to show a business plan. ...

You gain an understanding of your market. ...

You focus your strategies. ...

You can check the financial numbers.

Explanation:

5 0

2 years ago

A pencil manufacturer is in a perfectly competitive market. The firm can sell as much as it wants at a price of $1.50 per pencil

Ierofanga [76]

Answer:

d. Continue production in the short run, but exit the business in the long run unless prices are expected to rise or costs to fall..

Explanation:

Currently, their sales revenue less variable cost is positive as it can sale at $1.50 dollars and the variables cost are less than that. Therefore, there are fixed cost thefirm can pay because it produce.

Now, in the long-run when the firm can exit the market it should consider to do so if it continues to get an average cost above the selling price.

3 0

2 years ago

Economists distinguish among the immediate market period, the short run, and the long run by noting that

Greeley [361]

Based on the principle of economics, the correct answer goes thus:

Economists distinguish among the immediate market period, the short run, and the long run by noting that:

Elasticity of supply will increase when the number of producers selling a product decreases.

<h3>Immediate market run</h3>

Economists distinguish among the immediate market period, the short run, and the long run by noting that there will be increase in elasticity of supply.

In conclusion, we can conclude that the correct answer is the increase in elasticity of supply.

Learn more about elasticity of supply here: brainly.com/question/4467460

6 0

2 years ago

Price is the _____________ a consumer is willing to make to acquire a specific product or service.

vfiekz [6]

Answer:

Overall sacrifice

Explanation:

Price is associated with the amount of money that a consumer have to pay to purchase a articular product. Overall sacrifice is that amount of money which is sacrificed by the consumer to acquire a particular product or service. Price of the product is set by the seller in the market and it is totally depends upon the willingness of the consumer to buy the product at the prevailing prices or not.

3 0

3 years ago