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2 years ago

An insured is entitled to coverage under a policy that a prudent person would expect it to provide

1 answer:

7 0

Correct/Complete Question: An insured is entitled to coverage under a policy that a prudent person would expect it to provide. This principle is called

A. Adhesion

B. Reasonable sensibility

C. Reasonable expectations

D. Insurable interest

Answer:

C, Reasonable expectations

Explanation:

Reasonable expectations is a legal concept in that says that an insured is entitled to coverage under a policy that a prudent and reasonable person would expect it to provide.

Alternatively, reasonable expectation could be said to be something one has good claims to expect will be done or is supposed to be done.

Cheers.

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2 years ago

"You plan on saving money for retirement in 30 years (t=30) at which time, you wish to have saved $1,000,000. In order to do thi

MissTica

Answer:

X= $15,692.9393

Explanation:

Giving the following information:

Number of years= 30

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First, deposit $10000 for ten years (last deposit at t=10).

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i= 6%

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3 years ago

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