Answer:
D. Claims are paid to the policyowner separately by each insurer participating in the reinsurance agreement.
Explanation:
Option D is correct because it does not apply to reinsurance.
In reinsurance, the company known as the insurer accepting part of the risk that are being transferred from another insurer is known as the reinsuring company.
Also, the insurer that is seeking to transfer part of its risk to another insurer is called the ceding company. Reinsurance is a risk sharing process between the insuring companies. Insurer that transfers part of his risk to another insurer does that in order to limit their total loss which they might incur in the case of any disaster.
Answer:
Extravagant expenditure loses the essence of the festival and sometimes becomes a show for attention-seeking people.
Explanation:
Often it takes some expenses to make a festival cheerful and this allows us to devote more time with our friends and family. However, the other fact is that one doesn't need money to spend time with loved ones. The lightness of festivals sometimes blinds us that we cannot see the real motive of the festival and look for material pleasures in it. Society is affected because the potential capital which could be used for its upliftment is wasted on a extravagant leisures.
True, a scribe is an individual from any ancient culture that has been taught to read, right, and translate.
the standard set by the United States Supreme Court in Terry v. Ohio regarding temporary detentions requires only reasonable articulable suspicion that a crime has occurred or is about to occur.[1]
