1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ycow [4]
3 years ago
15

Jill paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $250,000 in damage coverage and

$250,000 in liability coverage. Ten years into her policy, a friend fell off a ladder while working on the roof of her house and claimed $75,000 in medical expenses. Eleanor's insurance company paid the claim. Did the cost of the annual premiums outweigh the benefit of transferring the risk to the insurance company?
Social Studies
2 answers:
konstantin123 [22]3 years ago
5 0

Answer:

No.

Explanation:

After ten years of paying an annual premium of $2000 to the insurance company, Jill has paid $20,000 in total to the insurance company in order to transfer them the risk, and when something happend, the insurance company spent $75,000 for the accident that happened in Jill´s house, this leaves jill debt free and with a $55,000 profit from her decision to transfer the risk to the insurance company, otherwise she would have had to pay the $75,000 in medical bills and if she had being saving that premium fee over the years she would only have $20,000.

8_murik_8 [283]3 years ago
3 0
No, the cost of the annual premium for 10 years was less than the accident claims
You might be interested in
Because men share less personal information and feelings than women, they are not capable of achieving the type of intimate rela
trasher [3.6K]
The statement is false.
6 0
2 years ago
Clarissa's mother was 38 years old when she gave birth to her. clarissa suffers from an intellectual disability, and doctors hav
Ber [7]
The condition afflicting Clarissa is "Down Syndrome".
Down syndrome (DS or DNS), otherwise called trisomy 21, is a hereditary issue caused by the presence of all or part of a third duplicate of chromosome 21. It is regularly connected with physical development delays, facial highlights, and gentle to direct intelligent disability.
3 0
3 years ago
Midland County has become a major thoroughfare for distributors of crystal methamphetamine. Sheriff Johnson has put together a p
Vlad [161]

Answer:

Universality argument

Explanation:

The term universality is the school of thought that universal facts exist and can be progressively discovered or revealed, in contrast to relativism. In certain theologies, universalism is the quality attributed to an entity whose subsistence is constant throughout the universe, and whose being is autonomous of and unconstrained by the things happening and conditions that make up the universe, such as physical locality and entropy.

Logically, or in consideration of compelling arguments, a suggestion is said to have universality if it can be considered as being true in all possible contexts with no room for creating a contradiction.

5 0
2 years ago
As you're stretched out on the couch watching a late-night rerun of your favorite tv show, commercial after commercial comes on
Juli2301 [7.4K]
Answer:  "<span>positive incentive value" .
____________________________________________________</span>
8 0
3 years ago
Read 2 more answers
A rule of thumb that is based on a past experience is called _____.
bulgar [2K]
<span>a rule of thumb that is based on a past experience is called an heuristic</span>
4 0
2 years ago
Other questions:
  • A student is walking in the hall and sees another student drop their books. The thought process behind helping the student who d
    8·1 answer
  • Choose the statements that CORRECTLY describe the voting process in Georgia.
    15·1 answer
  • Select a New Deal program that helped improve the lives of South Carolinians. Explain what the program improved and how it helpe
    12·1 answer
  • What are the effects of living in an environment with no clocks, no view of the outside world, and minimal sensory stimulation?
    9·1 answer
  • Globalization is the process of the world becoming more connected. Like any process that involves economic choices, it has posit
    14·1 answer
  • Which is an example of a scorched-earth tactic
    12·2 answers
  • Which of the following expressions is equivalent to the expression d+d+d+d?
    8·2 answers
  • Compare the way Constantine felt about Christians to the way most other rulers did. Many rulers persecuted Christians and Consta
    8·1 answer
  • Why is the biological theoretical model considered a newer field of study than the psychological theoretical model?
    14·1 answer
  • The ambulatory care nurse is providing instructions to a client with a urinary tract infection (uti) being started on nitrofuran
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!