1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>
You might be interested in
The net income or net loss is calculated on the
Ber [7]
The net income or net loss is calculated on the statement of owner’s equity.
4 0
2 years ago
What is the best organization pattern for an informative speech on how to build a first-class personal computer for less than ha
laiz [17]

Answer:

The correct answer is chronological division.

Explanation:

A chronological order is an order established based on a temporal sequence. The expression is often used to account for real historical events or fictional narratives where events are presented in a virtual temporal order. In an order of this caliber, different facts are expected to be presented in a serial relationship where time divided into past, present and future is the determining factor. For the human mind, the use of a chronological order is important to establish causal relationships, to make phenomena discernible and understandable; indeed, presenting situations in a disorderly manner would make a story a chaotic succession difficult to understand.

8 0
3 years ago
________ policy is when a central bank acts to increase the money supply in an effort to stimulate the economy. Choose one:
Hoochie [10]

Answer:

This is the Epansionary Monetary Policy

Explanation:

8 0
3 years ago
Managers use a ______ strategy to distinguish their products from those of their competitors by focusing on characteristics such
meriva

Answer:

This is product differentiation

Explanation:

I'm just a smart guy

6 0
1 year ago
The following data apply to Garber Industries, Inc. (GII): Value of operations $1,000 Short-term investments $100 Debt $300 Numb
kari74 [83]

Answer:

The correct option is $7,option C

Explanation:

The approach here is that we calculate the value of the firm after the cash dividend distribution ,which is simply the value of operations of $1000 since the short-term investments of $100 has been used in paying dividends.

Thereafter,the value of equity is the value of operations of $1000 minus the value of debt at $300,that is $700 ($1000-$300).

Finally intrinsic share price=value of equity/number of shares

number of shares is 100

intrinsic value per share=$700/100=$7 per share

5 0
3 years ago
Other questions:
  • Susan was given the responsibility for chairing a campus committee. to complete the delegation process, she should be given the
    11·1 answer
  • Peter Drucker championed several ideas that continue to be influential to this day, including decentralization, employees as cor
    14·1 answer
  • Nordstrom stores typically have 50 percent more salespeople on the floor than others retailers with stores of similar sizes. its
    12·1 answer
  • Blue Ace Autos Inc. and Ferdova Autos Inc. are two competing automobile companies. While Blue Ace Autos' Cost of goods sold/Reve
    13·1 answer
  • The DAMIC (Define, Messure, Alalyze, Improve, and Control) methodology of the six sigma project, is used to improve an exsisting
    7·1 answer
  • Consider a $1000 bond that pays an annual interest rate of 8% and matures in two years. The prevailing interest rate has dropped
    12·1 answer
  • E-Eyes Bank just issued some new preferred stock. The issue will pay a $9 annual dividend in perpetuity, beginning 6 years from
    12·1 answer
  • Dividing tasks among the most well-trained employees is called *
    11·1 answer
  • General equilibrium considerations lead to the realization that import-substituting policies have the effect of_____. discouragi
    6·1 answer
  • How does the christian worldview describe ethics
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!