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]2 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.

You might be interested in

Kenneth Hill Inc. claims to be an employee-centered company. It has created a system of management wherein supervisors will have

horsena [70]

Answer:

This type of organizational behavior can be described as conflict theory.

Explanation:

Conflict theory was given by Karl Marx , according to which social order is maintained through power and domination rather than consensus or conformity . This theory is based on the premise that individuals and groups in a society or in this case supervisors and their teams are working to maximize their own benefits.

6 0

3 years ago

Which of the following types of communication is most likely to be used by employees to provide feedback to higher-ups, inform t

adell [148]

Answer:

B) upward communication

Explanation:

Upward communication takes place when employees inform or communicate something to their supervisors or managers. This type of communication can be carried out by entry level employees informing their supervisors or low level managers about something, but also takes place when middle managers inform upper management.

5 0

3 years ago

The following details relate to the main process of W Limited, a chemical manufacturer: Opening work in progress ............200

larisa [96]

Answer:

domain is very talk to fulfill their very great fun nice occasionally maintenance method question complaint as to concession the number of incidents when I was limited to age 18 19 events

3 0

2 years ago

U.S. car dealers sell both used cars and new cars each year. However, only the sales of the new cars count toward GDP. Why does

Airida [17]

Answer:

It will be double counting

Explanation:

GDP or gross domestic product is the measure of the total value of productions in the economy per period. In calculating the GDP, economists consider only finished products produced within the borders of a country in a financial year.

Second-hand cars cannot be counted in the calculation of GDP because it will result in double counting. GDP is calculated using the income, expenditure, or production approach. The second-hand cars were accounted for when they were purchased or sold for the first time. If the production method was used, the vehicles were accounted for in the year they were manufactured.

3 0

3 years ago

Panther Co. had a quality-assurance warranty liability of $350,000 at the beginning of 2021 and $310,000 at the end of 2021. War

Diano4ka-milaya [45]

Answer:B

Explanation: :)

7 0

2 years ago