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Lera25 [3.4K]
3 years ago
15

What is duplicate coverage and why should I avoid it

Business
2 answers:
Inessa05 [86]3 years ago
6 0

Answer:

Duplicate coverage is having more than one insurance policy (from different companies) that covers an event, e.g. to have two auto insurance policies and file a claim on both of them regarding the same accident.

Explanation:

If you are paying two distinct policies, you are just paying for redundant coverage. Only one insurance company will pay for a claim not both of them, since you are not allowed to make claims with two insurance companies at the same time.

VARVARA [1.3K]3 years ago
4 0
<span>Insurance companies have always been very concerned about the problem of a policyholder having duplicate coverage with more than one insurance company with the result that you make a profit from the claims you submit to more than one insurance company for the same expenses.</span>
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A company that sells running shoes online wants to compare two new marketing strategies. They will test the strategies on 10 wee
PIT_PIT [208]

Answer:

The explanation of the three factors and they conclusion are below.

Explanation:

To begin with, when we talk about experimental units we refer to the entities that the researcher looks forward to make inferences about, so that means that in this case the experimental units of the situation will be all the people who got to visit the website in both schedules, the morning shift and the afternoon shift.

Secondly, the treatments is understood to be the process or the way, it could be said, that the researchers administrate to the experimental units. So that implicates that in this case the treatments will be the morning with its comfort described and the afternoon on the other side with its discounted prices shown.

Finally, the most probable outcomes for this experiments will be that the statics will show how the people interact with the variables and which of them generated more interest, that being either price or comfort. It will also show the behavior of the people when it comes to understand if the tend more to visit the web site at morning or afternoon.

6 0
3 years ago
Which financial planning document should you use to measure your current financial​ condition?
fiasKO [112]

Answer:

Balance Sheet / Statement of Financial position is used to measure the current financial position of the company.

Explanation:

Balance Sheet / Statement of Financial position is used to measure the current financial position of the company. It shows the value of assets liabilities and capital invested in the company. It also provides the net financial value of the company after paying all the liabilities. On the other hand the Income statement or Statement of Financial performance shows the performance of the company in a specified period of time.

3 0
3 years ago
Blue technologies manufactures and sells dvd players. great products company has offered blue technologiesâ $22 per dvd player f
jolli1 [7]

The expected increase in revenues is $2,20,000 .

The expected increase in costs is $1,40,000.

The Selling price per unit for the new 10,000 units order is $22. So, increase in revenues is to the extent of (10,000 × $22).

The question assumes excess capacity, hence fixed expenses will remain the same. The increase in Variable costs to the extent of (10,000 × $14) will contribute to an increase in costs.

4 0
3 years ago
Suppose Kendall's had cost of goods sold during the year of $ 260 comma 000. Beginning merchandise inventory was $ 20 comma 000​
kiruha [24]

Answer:

Inventory turnover = 9.45

Explanation:

Inventory turnover is defined as the ratio between Cost of good sold and average inventory.

Average inventory is defined as follows, where BI = Beginning merchandise inventory and EI = Ending merchandise inventory:

Average Inventory = \frac{BI + EI}{2}

Average Inventory=\frac{20000+35000}{2}=27500

then:

Turnover = \frac{260000}{27500} \\Turnover = 9.45

6 0
3 years ago
What types of things does a hospitality manager do?
Finger [1]

Answer:

Hospitality Manager is the person who manages and coordinates all the different departments in an establishment in the hospitality or restaurant sector. Their role is to define the commercial and management strategy of the establishment in line with profit targets, the quality charter and hygiene and safety norms.

5 0
3 years ago
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