The fundamental principle of insurance underwriting is that the cost of health care can be predicted by healthcare policy.
- A healthcare policy applicant's eligibility is assessed by medical insurance underwriters.
- In addition to reviewing each individual's medical history, they may also take into account their age, career, credit score, and housing circumstances. Each application is approved or rejected by an underwriter.
- The two most significant factors in health insurance are work and medical history. Group life plans and group health insurance underwriting are similar. Typically, the group is assessed collectively rather than individually. The entire group is either accepted or declined for coverage based on the risk profile of the group.
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Answer:
The account will be worth $1,485,054.43 at the age of 18.
Explanation:
Giving the following information:
Lump sum= 120,000
Number of years= 18
Annual interest= 15%
To calculate the final value of the investment, we need to use the following formula:
FV= PV*(1+i)^n
FV= 120,000*(1.15^18)= $1,485,054.43
The account will be worth $1,485,054.43 at the age of 18.
Answer:
The correct answer is letter "A": the loyalty loop.
Explanation:
The loyalty loop describes a process of retaining customers instead of attracting new consumers. Before the purchase takes place, the loyalty loop summarizes the purchasing process has three steps: <em>enjoy, consider, </em>and <em>evaluate</em>. After the purchase, the process involves three steps: <em>enjoy, advocate, </em>and <em>bond</em>. Both processes end up in a buy but the second process ensures the customer develops a <em>commitment </em>with the brand and is unlikely to look for competitors' products.
Answer:
Letter C is correct. <u><em>Ethical Dissonance.</em></u>
Explanation:
Ethical dissonance corresponds to the principles of interaction between employees and the organization and the consequences for ethical behavior in companies.
For each individual has an individual perspective on ethical concepts, and consequently this influences the ethical perception of organizational values and the way decisions are made. What may occur is a dissonance between individual ethical principles and organizational ethical principles. To avoid ethical dissonance, it is ideal for an organization to adopt an ethical culture, where ethics is a relevant factor exercised by the entire hierarchy in the company.
<span>A numerical rating that expresses how likely you are to repay your debts. Your welcome </span>