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taurus [48]
3 years ago
7

An agent gives a conditional receipt to a client for an insurance policy after collecting the initial premium. when will the pol

icy become effective?
Business
1 answer:
ExtremeBDS [4]3 years ago
4 0
If the insurer takes the policy as applied for the coverage will take effect when the conditions of the receipt are met and from the date of the application or medical exam. The two types of conditional receipts are insurability and approval. The insurability receipt provides interim coverage as the applicant is insurable while the approval receipt will not begin until the insurer will approve the claim. However, conditional receipts will provide the coverage if the applicant is insurable as applied for and coverage will not be delivered until the applicant accepts the coverage if the insurer concerns a counter-offer because the applicant is substandard risk. 
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galina1969 [7]

Answer:

Benefits enjoyed by not having trash in unused building and vacant plots

Explanation:

Opportunity cost is the foregone benefit by deciding in favor of one item over the others. It is the value of the forfeited option. Opportunity cost is quantified as the cost of the next best alternative.

The local government has two options; to support local businesses or two remove trash from buildings. It has opted to support local businesses. Removing trash is the foregone benefit. The joy of having trash-free buildings and plots is the forfeited advantage. The value of a clean surrounding or the benefits derived by not having trash in the neighborhood is the opportunity cost.

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3 years ago
On average, someone with a Bachelor's degree is estimated to earn ____ times more than someone with a high school diploma.
Anna11 [10]

On average, someone with a Bachelor's degree is estimated to earn 84% more than someone with a high school diploma.

According to the analytics of National Center for Education Statistics (NCES), those who have college degrees can earn significantly more compared to those with only high school diploma.

6 0
3 years ago
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The histogram below represents the number of television sets per household for a sample of u.s. households. what is the minimum
ladessa [460]

Answer: 5 Households

Explanation:

The y-axis shows the number of households using a certain number of TV sets while the x-axis shows the number of TV sets that households own.

There are only 5 households that own 5 televisions sets. This is the lowest number of households that own the same number of television sets and this makes sense because owning 5 television sets in a single household is not something that is usually seen.

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3 years ago
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irakobra [83]

Apply for it and be a lucky man to live

6 0
3 years ago
A mutual fund has $2 million in cash and $6 million invested in securities. It currently has 1 million shares outstanding.
Mamont248 [21]

Answer:

a. NAV = 8 per share

b. 250.000 shares

c. 7.95

Explanation:

a. NAV = Market value of shares/number of shares = $8m/1m = $8 per share

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c-1. Its loss by selling 25,000 shares of IBM at $34 instead of $36 = -$2 x 25,000 = -$50,000.

New NAV = $7,950,000 /1m = $7.95

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