The time between the disabling event and therefore the beginning of payments in your disability coverage is called: Elimination period.
Option C is correct
<h2>What is the purpose of elimination period?</h2>
The purpose of an elimination period is to give you the opportunity to get treatment and see how your illness or injury responds. you'll be able to return to work using only paid leave or short-term disability.
<h3>Do you get paid during elimination period?</h3>
Elimination Period: The elimination period may be a period of time an employee must be disabled before benefits are paid. for brief term disability, there's an elimination period for disabilities due to sickness and one for those due to injury. The elimination periods could also be the same length, counting on the policy.
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Answer:
An increase in mortgage interest rates.- D.
Answer:
Adverse selection
Explanation:
Adverse selection typically refers to such a circumstance when sellers possess knowledge that customers just don't have, about some type of quality of products — in other terms, it is a method of leveraging asymmetric data.
In other words, Asymmetric information, often referred to as intelligence loss, occurs when any group has better knowledge of data than any of the other group.
Thus, we can conclude that the warranty is given to ensure customers that nothing has been hidden from them.
Answer:
The most effective advertising is very expensive and, therefore, wasteful.
Explanation:
In order for something to be considered economically wasteful it must use and dispose money carelessly.
Therefore options:
- Advertising provides consumers with price and quality information about products.
- Advertising manipulates people's tastes and can reduce competition.
Do not apply since the options do not consider the costs of advertisement.
The only option that considers the cost of advertisement is: The most effective advertising is very expensive and, therefore, wasteful. It refers to the high costs of effective advertisement, and it implies that the money is not used carefully.
