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lys-0071 [83]
3 years ago
9

If you cause a car accident, which type of insurance will require you to pay the least out of pocket?

Business
2 answers:
andreev551 [17]3 years ago
7 0

If you cause a car accident, which type of insurance will require you to pay the least out of pocket: B.Low deductible plan

<h3>Further explanation</h3>

Deductible is the amount you pay for covered health care services before your insurance plan starts to pay. For example the $2,000 deductible pay. In this case you pay the first $2,000 of covered services ourself. After we pay the deductible, we usually pay only a copayment for covered services. There are two kinds of deductible plan such as low deductible plan and high deductible plan.  

The high deductibles tend to have lower premiums, whereas the low deductible tend to have higher premiums. Plans with higher deductibles tend to have lower monthly premiums than lower deductibles.

If you cause a car accident, which type of insurance will require you to pay the least out of pocket: B.Low deductible plan. It means if the health insurance plans carry a lower deductible, when you get sick, you pay less money up front before your plan starts paying

<h3>Learn more</h3>
  1. Learn more about deductible plan brainly.com/question/1845375
  2. Learn more about insurance brainly.com/question/11467163
  3. Learn more about car accident brainly.com/question/3100499

<h3>Answer details</h3>

Grade: 8

Subject: business

Chapter: insurance

Keywords: deductible plan, insurance, car accident, pocket, pay

sergij07 [2.7K]3 years ago
3 0
Liability, is the answer
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If a portfolio had a return of 11 the risk-free asset return was 6, and the standard deviation of the portfolios excess returns
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If a portfolio had a return of 11 the risk-free asset return was 6, and the standard deviation of the portfolios excess returns was 25 the premium would be 5%

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Learn more about premium here- https://economictimes.indiatimes.com/definition/premium

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